Here is a selection of recent academic papers and speeches on pay and diversity that we have read, sifted and translated so that you don’t have to. This selection includes research on why the problem with executive pay could be worse than you think; a history of executive pay since the 1930s; how stock awards reduce systemic risk in banking; the limitations of ‘say on pay’; how social networks between analysts and fund managers affect their investment decisions (and why female board members in Singapore play golf); and why the financial services industry needs to address diversity.
While the debate over the quantum and structure of pay in the financial markets rumbles on, perhaps the bigger question is being overlooked: does money and bigger bonuses motivate people in the right way? This private dinner with with Dr Raj Persaud, a Consultant Psychiatrist and psychologist, will focus on ‘Beyond bonuses: how to motivate staff […]
One of the problems with the question of pay in banking is that that so much of the debate is based on poor information: public disclosure by the industry is patchy, inconsistent and often confusing. This reports puts some hard numbers on what has been happening to pay over the past decade – and shows that while progress has been made, the industry still has further to go in addressing pay.
In financial markets, the debate over pay is about than just the numbers: pay is an important barometer of how the industry sees itself in relations to customers, shareholders and society. This breakfast workshop for senior executives in PR, marketing and communications will explore the communications perspective on this controversial and important issue. It will […]
In financial markets, pay is about more than just the numbers: pay is an important barometer of how the industry sees itself in relations to customers, shareholders and society. This discussion – for senior executives and specialists in finance and HR from across the industry – will focus on some of the main findings from […]
Average pay at investment banks has been falling since the financial crisis, but it has been rising steadily at asset management firms for the past decade. While staff at investment banks are taking a shrinking portion of a shrinking pot, asset managers are taking a constant portion of a growing one – with potentially significant consequences.
The question of pay and bonuses at investment banks is an important barometer of how the industry thinks about itself in relation to its shareholders, to its clients, and to society. Until banks start making a more positive case for what they do, they will struggle to defuse – let alone win – the argument.