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Banking Compensation
Banking has become a dynamic industry that has grown through technological advancements. While regulations play a major role in the way banks operate, banks still need to attract and retain the right talent to continue to drive the industry forward. While executive compensation at some of the top banks has come under regulatory watch, the lesson learned by all banks, big and small, is that well-structured compensation plans at all employee levels help to align the interests of the bank with those of its shareholders, the public, and the media, through a mechanism that ties pay to performance. Compensation programs that include appropriate performance metrics and rewards that are commensurate with performance achieved provide the bank with the means to justify its pay actions, and relative to executive compensation, provides the Board of Directors with a comfort level on their compensation decision-making process.
Compensation Resources, Inc. (CRI) has extensive experience working within the banking industry, including commercial, retail, community, and investment banks, to design a variety of compensation programs, specializing in the following areas:
We invite you to contact Compensation Resources, Inc. (CRI) to learn more about our bank compensation consulting expertise contact Diana Neelman at 877-934-0505 x 105 or ddn@compensationresources.com.
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