Lloyds Bank to Weigh RTO Compliance in Banker Bonus Decisions

Lloyds Banking Group has announced that it will take into account compliance with the Return on Equity (RTO) targets when determining bonuses for its bankers. This move comes amid the bank's ongoing efforts to instill greater accountability and a focus on long-term profitability within its workforce. With RTO serving as a key performance indicator for the bank, the change signals a shift towards aligning executive incentives with company performance.

Continue reading