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...
by Feminella, Amy | Jul 11, 2021 | Bank advisors, Compensation Advisors
When it comes to life insurance, the myriad of options available can be overwhelming. But has your bank considered the benefits of utilizing bank-owned life insurance? According to research, bank-owned life insurance (BOLI) is a strategy that more than 75% of banks...
by Feminella, Amy | Jun 27, 2021 | Bank advisors, Compensation Advisors
Far gone are the days where you can retain a top employee with a once annual holiday bonus! Whether your bank is going through a merger, sale, or substantial transaction, it is essential that you create deferred compensation plans that aid in retaining your top talent...
by Feminella, Amy | May 30, 2021 | Bank advisors, Compensation Advisors
There is a current conversation surrounding how CEO compensation is determined and how it relates to a bank’s risk threshold. Now, having experienced a global pandemic, we’re left wondering how has compensation changed since January 2020? Let’s find out in CEO...
by Feminella, Amy | May 27, 2021 | Bank advisors, Compensation Advisors, Insights
Many banks have chosen to tie executive compensation to performance over the last few years, however with the economic volatility we’ve experienced this past year, that may not be the best option. Compensation for your key leadership team is an essential aspect of...