Case Study: Close Brothers achieves streamlined compensation cycles and improved efficiency with PeopleFluent Compensation

How Close Brothers Improves Efficiency and Modernizes Award Cycles With PeopleFluent Compensation

Close Brothers, a London-based merchant banking group with around 4,000 employees across asset management, investment securities and lending, relied on complex spreadsheets to manage compensation—an increasingly labor-intensive, error-prone process that made reporting to its remuneration committee and scaling award cycles difficult. The bank needed a secure, modern compensation system to simplify workflows and improve efficiency.

Close Brothers selected PeopleFluent Compensation for its flexible, user-friendly interface and strong implementation support, later pairing it with PeopleFluent’s performance solution. The platform’s features (including automatic saving and robust reporting) eliminated much of the manual checking, streamlined award cycles, improved user engagement, and freed HR to focus on strategic, data-driven compensation decisions.

Close Brothers

Ben Ward

HR Systems and Data Manager