Standard Chartered Bank was formed in 1869 through a merger of two banks and has since expanded globally with over 1,700 branches in more than 70 countries. The bank employs over 75,000 people representing over 115 nationalities worldwide. The bank motivates employees through performance management and feedback, employee development programs, and competitive compensation and benefits. Recommendations to improve employee motivation further include strengthening communication, linking rewards more closely to performance, focusing performance evaluations on improvement rather than criticism, and providing employees flexibility and appreciation.