ICICI Bank scraps bell curve assessment: Hikes standardised, no more targets based on individual performance

Hikes and bonuses will now be linked directly to the bank's performance, meaning increases for most staff will be identical and will be directly related to its profitability, two people familiar with the development said. The HR policy restructuring is an extension of its vision under chief executive Sandeep Bakhshi focused on "one bank.

from Banking/Finance-Industry-Economic Times https://ift.tt/3DN9fKH