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HSBC Exclusive: New Junior Banker Bonus Strategy Explained

HSBC Holdings Plc is implementing a revamped bonus scheme for its junior staff in supporting roles to enhance clarity and transparency in its compensation system.

HSBC Canada Square, Canary Wharf. Global headquarters of the one the world’s largest banking and financial services organisations. PHOTO: Verdict/ALP
HSBC Canada Square, Canary Wharf. Global headquarters of the one the world’s largest banking and financial services organisations. PHOTO: Verdict/ALP

The new plan, known as “on target variable pay,” will be based on external benchmark data from

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