This Master's thesis presents the legal aspects of employee and business performance bonus in the banking sector. The reward is usually associated with successful performance.
In Slovenia, the rules for bank employee bonuses are regulated by the Collective agreement on the Slovenian banking sector. We have established that bank employees are entitled to a part of their salary based on their performance, which must comply with the criteria set out in the employer's collective agreement. According to the Collective agreement on the Slovenian banking sector, the quality, quantity, and efficiency of work, along with the attitude towards colleagues and customers, are considered in determining the employee's performance.
In the Master's thesis, we identified the differences between countries in rewarding employee performance. We have compared Slovenia with countries such as Norway, Sweden, and the United Kingdom, noting that their main differences are stricter rules on bonuses and other benefits in the sector of financial services. These rules, introduced in particular due to the economic crisis, were designed by the countries to safeguard the banking system's financial stability. Slovenia is similar to other countries in its market orientation strategy, where the common objective is the performance of employees in the banking sector.
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