White Papers

Richard W. Malone, COO of Compensation Advisors, contributed an article to Bank Director about starting early on CEO succession planning. In the article, he references the results of the Bank Director 2017 Compensation Survey and discusses the importance of maintaining a succession plan for organizational health and stakeholder satisfaction. Malone lays out three key planning processes: Anticipating Emergency Situations…

Bank Director’s 2017 Compensation Survey, sponsored by Compensation Advisors, reveals trends impacting the banking industry, but looking at the report may leave you wondering what the results mean for your bank. Compensation Advisors’ Flynt Gallagher, President and JR Llewellyn, Senior Vice President are here to help you make sense of the findings. In this whitepaper,…

Bank Director’s 2017 Compensation Survey, sponsored by Compensation Advisors, features data from 286 independent directors and senior executives of American banks. Information was also collected from the proxy statements of 108 publicly traded banks. The results of the survey shed light on current compensation trends that are impacting the banking industry. Some of the key…

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…