More than 40% of senior human resources professionals at financial services firms identified a stronger focus on pay issues over the next 12 months than on other HR changes, according to a poll conducted by global consulting company Towers Watson.
The survey respondents noted risk adjustments to financials or incentive pools as the most expected shift in pay policies, and a focus on pay issues rather than other changes, such as linkage of deferred vehicles to business unit performance (16%) or longer vesting periods (15%).