by Feminella, Amy | Jun 28, 2016 | Compensation Advisors, Insights
One of the findings of the 2016 Bank Advisor Compensation Survey was something many community banks already knew well: the need for talented commercial lenders. Commercial lenders are currently in high demand, and banks are snatching up the best talent. The lenders...
by Feminella, Amy | Jun 15, 2016 | Compensation Advisors, Conferences, Insights
The annual Bank Director Compensation Survey, sponsored by Compensation Advisors, seeks to illuminate banking industry trends by surveying banking executives and directors about compensation. The results are now in for 2016’s survey, and they highlight critical issues...
by Feminella, Amy | May 13, 2016 | Compensation Advisors, Insights
Equity plans are an attractive form of compensation for banks that want to attract and retain top executives. While equity plans are beneficial, it’s important that your bank remain sensitive to what is valued by the participants, what the bank has authority to grant,...
by Feminella, Amy | Apr 14, 2016 | Compensation Advisors
Retaining top executives is of utmost importance to community banks who wish to remain competitive in a constantly evolving landscape. Community banks must compete against other banks, credit unions, and even other companies as leadership skills transcend industries....
by Feminella, Amy | Apr 5, 2016 | Compensation Advisors, Insights
The IRS imposes limitations on qualified plan contributions, putting highly compensated employees (HCEs) at a disadvantage when saving for retirement. Nonqualified deferred compensation (NQDC) plans were designed to provide a supplemental benefit for HCEs, but in...
by Feminella, Amy | Mar 28, 2016 | Compensation Advisors, Insights
An executive compensation philosophy functions as a mission statement and a guide that positions your organization to retain and recruit talent. You may be under the impression that compensation philosophies are only for national banks and other large organizations,...
