Barclays, the bank tried to keep employees

British Barclays, was put up for sale in the Russian "daughter", motivates its employees not to leave the bank before the transaction. Keep the Bank's team is necessary in order to ensure the normal functioning of the credit institution in a situation of limited interest to the asset from potential buyers. About this newspaper writes "Kommersant" on Wednesday, May 11. The fact that Barclays bank, put up for sale by British shareholders, motivate their employees not to leave the bank before the deal, told the newspaper several sources including bankers, and HR-professionals. "Employees of Barclays Bank offered bonuses, payment of which will be produced pieces. Nearly 75% of the amount of the bonus will be paid to employees before the end of the year, the remaining part - after the transaction for the sale of the bank ", - said a banker familiar with the situation. The press office of Barclays Bank declined to comment on personnel policy, but a source close to the bank, confirmed that adopted a package of measures to retain key managers. Barclays acquired Expo Bank, closing the first hundred Russian banks, for $ 745 million, with a coefficient of 4 to the capital, in early 2008. The deal was the most expensive among other acquisitions by foreigners of the Russian banking assets. After the first quarter of 2011 Barclays Bank took 103rd place on assets (26.3 billion rubles.) And 79 th on capital (5.5 billion rubles.) In the ranking of "Interfax". "Motivation of staff of the bank before selling - a common practice: the size of bonuses varies depending on the position of the employee and may be the sum of salary from three to twelve months" - indicates partner TopContact Executive Search Arthur Shamil. Nevertheless, market participants doubt that the Barclays-Bank will be able to retain employees, even with the help of motivation. Top managers of the bank is already looking for a new job: recently from Barclays Bank in Absolut Bank joined board member Cyril Dremach engaged in information technology. "Many employees of Barclays Bank, including from among the board members are considering the offer of other employers" - said the head of one of the major recruitment agencies. "A team of Barclays Bank ambitious, but the young, while the added value of the market team usually gets after several years of working together - says Arthur Shamilov .- Perhaps, employees prefer to find a job now, rather than enter the labor market Single-moment." "The interest in maintaining the team will depend on who buys Barclays Bank - indicates one banker familiar with the situation .- If the buyer will make the Russian investor, it is unlikely to retain managers, because it has its own team. In keeping employees may be interested only investment fund. " As recalled by the publication, Britain's Barclays has officially announced the sale of its Russian subsidiary, in February 2011. At the present time, according to Kommersant, formed short list of applicants for this asset. It includes the Russian commercial and investment banks, according to sources familiar with the situation. One of the main contenders for the Barclays bank called the Bank "Orient Express", co-owned by ex-chief and owner of URSA Bank Igor Kim. No foreign player in the short list is ranked, according to the interlocutors of Kommersant, although earlier interest in the bank, according to market participants, showed Nordea Bank and Kazkommertsbank. In addition, the edition, a number of market participants have expressed interest in buying parts of the business of Barclays Bank. Thus, the bank Renaissance Credit in 2010 bought a regional network of branches of Barclays Bank, was interested in the rest of the network and the connected bank observed the processing.