Stephen Hester, RBS Chief Exec, motivational king
This quote from Stephen Hester shows why they pay him the big bucks - his comments on the effects of paying ‘smaller’ bonuses must have done wonders for staff morale:
“We’ve had a small experiment in this respect… some of our best-performing people have been leaving in their thousands,” he said.
“The people who left us last year, I believe, would have increased our profits by up to a billion pounds beyond the ones that we’ve got.”
