When people become pocket change
The financial sector is under strong competition games these days. That means the battle for clients. That means hard pressure on sales people. This is the point when someone might think the end justify the means (there is a way to say that in a correct manner- Target oriented sales). Everything is allowed to headless chase for results. And bonuses. Especially bonuses. At a first glance, it seems clients are profiting from this. When you think about it, the tougher competition is the bigger benefits clients get.
1.I was in a position to hear the conversation between company owner and salesperson. They were talking about possible loan. Of course, company owner's greatest concern was the price. The interest rate is requested to go lower. A salesperson had nothing against that, but there was counteroffer. Lower rate means fifty employees to be suggested to open accounts in the salesperson's bank. Both sides agreed.
I have heard a CEO yelling at someone over the phone: - I don't want to know how, you will make them become our clients! Find the way! It's your job we are talking about. You have three days.
IN one elementary school, a teacher came out with the solution to make the children learn better. She made kids to write on a paper how they don't want to be punished when homework is not done properly. Then she put all those papers in the jar and said: first time you don't do your homework, you will be forced to pull one paper from the jar and receive the punishment as said on the paper.
It might not seem that those stories are connected but let me put it this way: Teacher produces CEO's. CEO's mentioned produce employees that make deals as it is described. And after all, company owners are pressured to treat their