Trends and Regulations in Incentive Pay
Background Sterling Financial Corp. of Spokane, Washington, first started reviewing the risk inherent in its incentive compensation plans back in 2009, when it was a troubled bank operating under a consent order that has since been lifted. “The first few times we spent several hours with the compensation committee so they understood what they were signing off on,’’ said Karla Gehlen, executive vice president of human resources for the $9.6-billion institution, speaking at a Bank Director conference in 2012. She said the bank board and officers wanted to make sure it was thorough so “regulators would have less to poke...
Bank Services
Please enter your username and password below. If you have not established a password please click “forgot password”.
You have accessed a resource that is only available to our Bank Services members.
From how-to articles, director training videos, key interviews with industry leaders and more, Bank Services provides bank executives and directors with the tools to help grow their financial institutions.
To sign up for exclusive access to this online bank board resource, please contact Bank Services at 615-777-8461 or [email protected].
