PSX: The Exchange for People Strategy eMagazine – September/October 2016 Issue
In this issue we take a deep dive into the Wells Fargo “fake account” fiasco and examines both the timeline and how what should have been reasonable goals supported by reasonable incentives went so horribly wrong. Another point of view on Wells Fargo is brought by contributing writer, Steve Grossman, who, with decades of experience in sales compensation, see leadership and judgment as the key failures at the bank. We continue our investigation of CEO compensation and how, if boards embrace some basic principles, the compensation and contractual obligations can both support and enhance organizational success. Bob Birdsell offers creative ideas for the executive benefits programs at securities firms to help resolve significant issues for those firms who face challenges with regard to charges to regulatory capital.