Article 6WTY8 Revolut tracking staff behaviour with points-based ‘Karma’ bonus system

Revolut tracking staff behaviour with points-based ‘Karma’ bonus system

by
Kalyeena Makortoff Banking correspondent
from World news | The Guardian on (#6WTY8)

Booming fintech company gives details of initiative to improve working culture as profits more than double

Revolut has been tracking staff behaviour, granting or docking points on an internal Karma" system that is feeding into the UK bank's decisions on bonus payouts.

The practice was detailed in Revolut's annual report, which showed that profits had more than doubled last year, jumping 148% to 1bn in 2024. That increase was due to a rise in subscriptions, and revenues from its wealth and crypto trading divisions.

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