Revolut expands system linking pay to workers' risk behavior

Revolut Ties Employee Bonuses to Risky Behaviors: Implications for Risk Management | Fintech InShorts: Latest fintech news, analysis by experts

Understanding the Impact of Performance Incentives on Corporate Risk Culture Highlights: Revolut’s compensation strategy links employee bonuses to aggressive risk-taking behaviors. Concerns arise regarding the potential for increased risk exposure and ethical challenges. The company’s approach sparks a debate on effective risk management practices in finance. Revolut’s decision to link employee bonuses to high-risk behavior has raised important…

Revolut expands system linking pay to workers' risk behavior

British fintech Revolut last year added six sources to its Karma system, which allows employees to gain or lose points based on their behavior. Those points help determine bonus payments.

Revolut hails employee compliance tracking system

Points are granted or docked using its Karma system, which was introduced in 2020 to oversee how well employees met risk and compliance rules. The post Revolut hails employee compliance tracking system appeared first on Personnel Today.