Maine Bank (MB) Case Study
MB is a large American owned bank with a major banking business in the UK. This UK subsidiary has had a recent decline in profits. There are further worries over Brexit and greater regulation of the UK banking industry
There is a perceived lack of a performance culture, The existing appraisal/performance management system does not work effectively. A recent attitude survey showed low morale in MB in the UK,
As a result, the UK Managing Director has asked you, the Reward & Performance Manager, to look at financial reward (FR) and performance management (PM) in MB in the UK. Your objective is to make recommendations on future strategy, policies and implementation.
The style and length of your report should be appropriate for the busy UK Managing Director. 2500 words in the main report is a maximum. If you use appendices, these must be less than 2 sides of A4.