Committees : Compensation
There will always be strong demand for high performing producers. Incentive plans, when designed correctly, can help attract, motivate and reward the employees who are key to driving the bank’s success.
Bryan Cave attorneys Michael Shumaker and Steven Schaffer describe the special advantages of ESOPs.
Bank Director gets a question from a reader about the appropriateness of a “single trigger” such as a change of control that results in a large payout for executives of the bank.
Charlie Hicks of Meyer-Chatfield explains what BOLI is, how it works and breaks down the ins and outs of this investment product.
Bank Compensation Consulting experts discuss what you need to consider in terms of your compensation structure.
Banks need talented executives and board members, and the results of the 2015 Compensation Survey reveal how they want to be paid.
This article describes how to preserve tax deductions for compensation in compliance with Internal Revenue Code Section 162 (m).
Equias Alliance’s David Shoemaker and Ken Derks write about the growth in BOLI policies and why hybrid accounts have become popular.
Meridian Compensation Partners’ Susan O’Donnell and Daniel Rodda discuss how to interpret your say-on-pay results and how to prepare for next year’s vote.
Pearl Meyer & Partners’ Greg Swanson writes about using peer groups to your advantage.