How did the collapse affect the bonuses offered by SVB in the cryptocurrency market?

3 answers

• Nov 26, 2021 · 3 years ago
  Following the collapse in the cryptocurrency market, SVB did make adjustments to their bonus structure. They recognized the need to adapt to the changing market conditions and revised the criteria for earning bonuses. This included placing more emphasis on risk management and performance metrics that aligned with the current state of the market. SVB aimed to incentivize their employees to make informed decisions and navigate the volatile cryptocurrency landscape effectively.
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• Nov 26, 2021 · 3 years ago
  The collapse in the cryptocurrency market had a significant impact on the bonuses offered by SVB. In order to mitigate the financial losses and align with the market reality, SVB had to revise their bonus structure. They implemented stricter criteria for earning bonuses, focusing on sustainable growth and risk management. This ensured that bonuses were awarded based on responsible decision-making and performance in the challenging market conditions.
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• Nov 26, 2021 · 3 years ago
  As a leading player in the cryptocurrency market, SVB recognized the importance of adapting to the changing landscape. In response to the collapse, SVB adjusted their bonus structure to reflect the market conditions. They introduced new criteria for earning bonuses, such as demonstrating resilience in the face of market volatility and achieving sustainable growth. These changes aimed to incentivize employees to make strategic decisions and contribute to the long-term success of SVB in the cryptocurrency market.
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