by Feminella, Amy | Oct 24, 2021 | Bank advisors, Compensation Advisors, Insights
In 2016, Bank Director conducted research about the retention rates of different generations within the banking space. They found that only two-thirds of banks surveyed were actively trying to attract millennials as employees at the time. However, out of those...
by Feminella, Amy | Oct 24, 2021 | Credit Union Advisors, Insights
The supply of available money in the global financial system is growing over time. If we use M2 as the “supply” of money available in the U.S. financial system we can see the trend in growth of money supply using the chart below: Historically, roughly 9 to 10% of that...
by Feminella, Amy | Oct 17, 2021 | Compensation Advisors, Insights
This month, we’re highlighting Jeff Fairchild, Director of Compensation Consulting at Newcleus. With over a decade of extensive experience, Jeff guides and assists clients develop compensation plans including, annual incentive plans, long-term incentive plans,...
by Feminella, Amy | Oct 10, 2021 | Credit Union Advisors, Insights
Congratulations! You’ve made it through one of the most challenging periods on record! This past year has brought a myriad of unforeseen challenges to credit unions—remote work, loan forbearance, PPP small business loans, a flood of stimulus deposits, loan roll-offs,...
by Feminella, Amy | Oct 10, 2021 | Bank advisors, Compensation Advisors, Insights
How to Hire, Attract, and Retain Your Key Employees Key Points Knowing how to hire, attract, and retain your key employees can lead to increased productivity, improved reputation and client base, and higher profitability for your business. In order to hire the right...
