Committees : Compensation
Six Steps for Creating the Ultimate 2016 Producer Incentive Plan
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.
Employee Stock Ownership Plans: Another Tool for Family-Owned Banks
Bryan Cave attorneys Michael Shumaker and Steven Schaffer describe the special advantages of ESOPs.
Will Your Bank Shoot Itself With a Single Trigger?
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.
What Is Bank-Owned Life Insurance (BOLI)?
Charlie Hicks of Meyer-Chatfield explains what BOLI is, how it works and breaks down the ins and outs of this investment product.
The Elements of a Compensation Plan: What a Board Needs to Know
Bank Compensation Consulting experts discuss what you need to consider in terms of your compensation structure.
2015 Compensation Survey: What Executives and Board Members Want
Banks need talented executives and board members, and the results of the 2015 Compensation Survey reveal how they want to be paid.
When Your CEO Becomes a Million Dollar Baby
This article describes how to preserve tax deductions for compensation in compliance with Internal Revenue Code Section 162 (m).
Report on the Market: BOLI Assets Continue To Have Strong Growth
Equias Alliance’s David Shoemaker and Ken Derks write about the growth in BOLI policies and why hybrid accounts have become popular.
Assessing Your Say-on-Pay Vote
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.
You’ve Selected a Good Compensation Peer Group…But Are You Getting the Most Out of It?
Pearl Meyer & Partners’ Greg Swanson writes about using peer groups to your advantage.