Contributor : David Shoemaker
Most major BOLI carriers expect “business as usual” for purchase activity in 2020, but may find difficulty in reproducing yields close to their current portfolios.
Strategically designed compensation programs can help banks avoid the lost revenue and increased expenses associated with losing and replacing key employees.
Choosing the right compensation plan is an important step in attracting, retaining and rewarding rising leaders.
Boards should let succession planning guide how they compensate the next generation of leaders.
Bank-owned life insurance continues to play an important role in compensation and retention strategies for key personnel, according to NFP/Equias Alliance’s trend preview and recap.
With interest rates rising and the gig economy in full swing, banks can adapt traditional models to compete and capitalize.
With unemployment at its lowest point since 1969, the competition for top talent is as fierce as it has been in years.
The tax law offers advantages to employers and employees in planning for the future.
Many executives aren’t adequately protected should they become disabled.
Effective compensation is important to retain key individuals. Here’s how.