Allianz reviews

Conflict of interest look after family, friends and relatives

Morale is low. I have no faith in the senior leadership below the CEO. I don't think that his sentiments and good intentions are carried through the structure. There is a hierarchy, which slows down change and progress, and a lack of trust among the experts within the workforce who don't get listened to. As a line manager, there's no insentive to encourage your team to perform well, because you can't reward them for it because of forced distribution, and every year there are difficult conversations with people who you've had to put in a bottom pot, not because they've underperformed but because someone else has outperformed. The very top management have even said to everyone on Town Hall calls that there isn't forced distribution, and then described a forced distribution model. It holds everyone back. Also, one senior manager took away outperforming rewards and gave everyone "on target" last year, after people had already been told they achieved outperforming. They talk about "people first" but that's not really the lived experience. You're just a number, and don't ever think otherwise.