Barclays Elevates 49 Bankers to €1mn-plus Pay Level

Tuesday, 20 February 2024, 13:14

Barclays has recently promoted 49 more bankers to its top pay tier of €1 million or more. Despite this, the overall bonus pool at the British lender has decreased by 3% due to lower financial outcomes. This move reflects Barclays' commitment to rewarding top performers while managing costs effectively.

Barclays Elevates 49 Bankers

Barclays has announced the promotion of 49 bankers to its top pay tier of €1 million or more. This strategic move aims to acknowledge the top performers within the organization.

Impact on Bonus Pool

The overall bonus pool at the British lender has seen a 3% decrease as a result of experiencing lower financial outcomes.

This adjustment showcases the importance of balancing reward programs with financial performance metrics.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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