Lender plans to threaten its worst-performing staff with dismissal if they do not improve
Lender plans to threaten its worst-performing staff with dismissal if they do not improve
Copy link
Bottom 5pc of workers could be sacked if they fail to improve as part of lender’s ‘high-performance culture’
The banking group plans to change how it monitors the performance of its employees and manages staff turnover
With economic uncertainty leading fewer people to leave, bank will put one in 20 on ‘performance plans’
UK bank set to tell weakest 5% of employees their work must improve or they risk dismissal
Lloyds’ pension arm will shift investments to better-performing markets
Chief executive says the four-year plan will lead to greater efficiency but gives no details of potential job losses
