Unless otherwise defined, a program to motivate senior employees of an institution. At the end of the day, these plans, which vary widely in their design, amount to a substantial additional payment (variable bonus). – When, in the course of the subprime crisis and the financial crisis that triggered it in 2008, bank managers received millions from the PIPs, while the institution in question posted high losses and investors lost some of their savings – invested, for example, in certificates issued by the U.S. bank Lehman Brothers – the PIPs came under fierce public attack. – See bonus, handshake, golden, premium, compensation.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/