UK: INTER-ALLIANCE FIXES NEW TARGETS FOR ADVISERS
Article Abstract:
Advisers employed by Inter-Alliance of the UK, biggest independent financial adviser, need to obtain no less than GBu 5,000/month new business if they wish to keep their jobs, according to new targets. They will also have to meet at least 10 clients/week. These targets affect 36 staff in Scotland and almost 200 in London, UK. Inter-Alliance, which has made an agreement with Prudential enabling employees of Prudential to work for Inter-Alliance, is believed to be fixing targets to remove staff who are not performing well enough. Those who do not reach these targets will be given a verbal warning and monitored and could have their contracts terminated if their improvement is not satisfactory.
Publication Name: Financial Adviser
Subject: Business, international
ISSN: 0953-5276
Year: 2001
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UK: Job prospects weaken following terrorist attack
Article Abstract:
Job prospects in the UK financial services sector have weakened as a result of the terrorist attacks in the US, according to a revised survey from Manpower, employment specialist. While the main survey, which was undertaken before the 11 September disaster, showed prospects in the sector were weakening, the revised survey reveals that half of those interviewed changed their forecast of employment prospects from a rise to 'no change'.
Publication Name: Financial Adviser
Subject: Business, international
ISSN: 0953-5276
Year: 2001
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UK: Long hours affect creativity and efficiency
Article Abstract:
A BT Cellnet survey across the UK's 10 largest cities reveals that long working hours are affecting creativity and efficiency in the financial services industry. Around 50% of financial services employees said extended hours affected their creativity, with nearly half of those questioned wanting to work away from the office.
Publication Name: Financial Adviser
Subject: Business, international
ISSN: 0953-5276
Year: 2001
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