Inflation over the last few years has increased workers' salary needs, post-COVID work environments have changed, and, to retain quality employees, banks have been forced to increase support staff salaries above what was historically needed.

Our November Bank Compensation Corner is out! This month, we explore three key trends shaping executive and board pay: - Using Pay versus Performance data for self-assessment - The 25% rise in private company board compensation - What investors really think about pay design, according to the latest ISS survey As banks prepare for 2026, understanding these shifts can help strengthen governance and align pay with performance.

In this month’s edition of Bank Compensation Corner, we distill the latest in compensation trends shaping the banking sector—from new regulatory pressures to emerging compensation governance best practices. Dive in for actionable insights and strategic guidance tailored for bank HR and compensation leaders.

In this month’s edition of Bank Compensation Corner, we distill the latest in compensation trends shaping the banking sector—from new regulatory pressures to emerging compensation governance best practices. Dive in for actionable insights and strategic guidance tailored for bank HR and compensation leaders.

In today’s talent market, employees are weighing the full value of what they receive, from healthcare and PTO to flexibility and equity. This blog post breaks down why total compensation is a critical tool for HR leaders aiming to boost retention, engagement, and trust. Learn how leading companies are using it to cut turnover and future-proof their workforce.

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.

As the talent wars continue, community banks can come out ahead with a careful focus on executive compensation and benefits.

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.