Best Practices Part II: Personnel & Compensation

In the previous pages we have heard from a cross-section of bankers about their firms’ strategies, risk tolerance and portfolio profiles. But, as we all know, all the careful strategies and bright ideas cannot go very far without the right people to develop and implement these ideas.

So what sort of employee structure does a successful shipping bank have? How does such a bank compensate its employees? This part of the study can help you to benchmark your own strategies while gauging those of your competition.

Offices, Bankers, Support & Bonuses

With shipping business spread the way it is across far-flung parts of the globe, we thought it would be important to see how many offices banks operate globally. Numbers were reasonable overall, with an average of 3.43 offices, a median of three offices, and a mode of just one.

This is only an excerpt of Best Practices Part II: Personnel & Compensation

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