Yet every single one of the executives at these banks have received stock and cash as incentives that were based, at least in part, on earnings and income that turned out to be illusory.

FORBES: Clawing Back Wall Street Pay

Many firms now offer performance-based pay and other incentives, such as stock options, only to certain categories of worker, and keep the performance-related component small.

ECONOMIST: Still work to be done

He expanded the bonus pool, created a stock-option plan and goaded the Swiss unions into accepting performance-based incentives even for entry-level workers.

FORBES: Reviving Novartis