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2015 saw Decrease in Bonuses for Banks and Insurers


A new report by Mercer found that 2015 saw the world’s financial services organisations continue to respond to regulatory developments by increasing fixed pay, decreasing variable pay (bonuses) and increasing the emphasis on non-financial performance.

The report revealed that while processes to penalise misconduct and non-compliance are widespread, rewarding positive risk behaviours continues to be a challenge.

The data comes in the 11th edition of Mercer’s Global Financial Services Executive Compensation Snapshot Survey, which was conducted in October and November 2015. The survey reviews the pay practices of 71 global financial services companies — banks, insurers, and other financial services — based in 20 countries in Europe, North America, Asia, and South America.



Teri has over 14 year’s experience in and around the recruitment industry, working her way up from a Trainee Consultant for a large national agency to UK Country Manager for publishing business Recruitment International.

Recruitment International provide news, information and events to recruitment businesses. Although we have operations across Asia and Australia Teri manages the UK operation. Working across the board with start-ups, SMEs and established recruitment business, making the right introductions at the right time to enable growth. This will be through intimate tailored dinners and lunches as well as training sessions and large conferences. The RI VPP club enables recruitment agencies to take full advantage of all RI has to offer.

That’s not all, we work with selected industry suppliers to ensure their product or service is perfectly placed to showcase their offering, again this will be across a variety of mediums – print, digital, online, conferences etc

We currently provide a monthly magazine and daily news emails – which are free to subscribe to, interactive website, conferences, learning events as well as social events.


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