Our latest analysis reveals that public bank directors earn more than their private bank peers, often 55% to 60% higher. This difference reflects the greater scrutiny, regulatory demands, and liability public bank directors face. Read the full breakdown and see why these compensation gaps make sense in today’s banking environment.

During 2023 and early 2024, we engaged in numerous discussions with our clients regarding incentive plans. Many were concerned that these plans would not pay out at targeted levels. A significant factor in this concern was the performance of banks; many failed to meet their budget targets.

A decade ago, we were in the middle of an economic downturn, and the world of executive compensation was under intense scrutiny. One target for that scrutiny was executive benefits and perquisites. Things like excessive change-in-control payouts with “gross-ups” and perquisites like vehicle allowances and country club memberships were placed under the microscope.