Because of new compensation regulations in the United States, United Kingdom and other countries, financial services companies are placing greater focus on talent management and rewards beyond pay in an effort to attract, retain and engage top talent, according to a poll of financial services executives conducted by Towers Watson, a global professional services company.

Additionally, respondents are evenly divided regarding the current regulatory environment's effect on risk taking in the industry.

Half of the respondents recognize little or no impact on risk taking in their organizations due to the recent regulations; however, the other half of respondents say pay structure regulations have at least moderately impacted their organizations. Seven percent of respondents say the new regulatory structure has had a significant impact, and another 7 percent of respondents say pay structure regulation has fundamentally changed how the industry views risk taking.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and events
  • Access to other award-winning ALM websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.