White Papers

Bank Director surveyed bank directors and executives to uncover information about compensation trends in the 2017 Compensation Survey, sponsored by Compensation Advisors for the third year in a row. View the key results in this infographic!

Today’s banks need to find ways to attract and retain talent that will help move them forward. Technology is ever-advancing, shaping products and operations, and the demands of consumers are changing to match. There’s no denying that banks need to be agile, and that means they need the right people steering the ship. So, how…

Incentive plans are intended to help your financial institution achieve specific performance goals by driving certain behaviors of individuals. This is accomplished through compensating an individual for performance that impacts the success of the financial institution and increases shareholder value. There are several important considerations when designing an incentive plan. Incentive plans should: Be in…

Thinking about and developing your bank’s succession plan is paramount. This guide covers what your bank should do to prepare for succession planning and a variety of considerations to be aware of when approaching the process. Compensation is a critical component of succession planning that should always be at the forefront, so we’ve taken compensation…

When determining the best way to attract and retain talent, it’s important to have the right compensation practices in place. Making sure your compensation practices are competitive requires you to look at the industry and see how other financial institutions are approaching compensation. You need to compare yourself to the correct benchmarks, and a number…

An important part of any compensation strategy is that the compensation is valued by the recipient; otherwise, it won’t be effective at all for achieving the goal of recruiting and retaining talent. Equity compensation has long been the go-to strategy for creating a long-term incentive for bank executives. To this day, equity continues to be…

The data is in from our 2016 Bank Director Compensation Survey sponsored by Compensation Advisors. In March, 262 bank directors, chief executive officers, senior executives and human resource officers responded to questions on topics including: Executive Retirement and Succession Attracting Talent CEO, Executive, and Board Compensation. The 2016 Bank Director Compensation Survey is comprised of fiscal…

For the last 3 years, Bank Director has worked with Compensation Advisors to annually collect data from bank directors, executives, and HR officers to uncover trends in executive, director, and employee compensation. We’ve compiled the key findings into this handy infographic: Click here to view the infographic alone and download it. Download the full survey…

Talented commercial lenders are currently in high demand; Bank Director’s 2016 Compensation Survey revealed that finding them is among the top 3 challenges for bank directors and executives. Many community banks have had difficulty attracting and retaining lenders because there is so much competition, and larger banks can offer very competitive compensation packages. This case…