The percentage of the loans approved will determine the sum of incentives the

The percentage of the loans approved will determine

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incentives are for the employees, loan officers, and the senior management. The percentage of the loans approved will determine the sum of incentives the workers at Citi will get. Hunt also got the bonus based on the number of loans that she processed. Based on the compensation system, it can easily lead the employees of Citi to make decision that is not moral and ethical in order to get a higher pay check. Therefore, this system should never be paid based on the number of loans approved. Next, the other reason for the lack of whistle blowing from other workers at Citigroup was the constant restructuring in the upper management of the company. Citigroup are always reshuffling the position of the executive at the company and sometimes they ended up in an area where they don’t have any experience and skills to manage it. So, some of the executives who are not an expert in the given area were not aware of their job responsibilities whether they are doing it right or not. Hence, this was the majors reason on why the other executive are not whistle blowing.
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