COVID19 pushed this place into a death spiral - Avis employé Managing Director CACIB

HR has gone completely rogue, implementing a return to work policy as early as June 2020, which completely disregards employees' real circumstances. This has led to 150+ departures in less than 2 years (out of 700 staff), with many senior, talented employees (particularly women) leaving the bank. In terms of compensation, there is limited opportunity for upside and not enough differentiation for strong performers. The deferral plan is also very detrimental for high earners.