Compensation Trends and Best Practices in Today’s Banking Environment
We explore current trends in total compensation for bank executives and key officers. We focus on the key elements that make up the total compensation package: base salaries, annual incentives, long-term incentives, benefits and perquisites. The session provides an educational overview of various compensation elements, focusing on current trends/best practices within community and regional banks. This presentation also focuses on performance-based compensation approaches that community and regional banks should consider to attract and retain quality officers. We examine the current compensation environment and discuss different performance-based incentive vehicles. We discuss the keys to effective and motivating cash incentive plans and will share what banks are using in respect to equity-based/longer-term incentives. This session incorporates applicable regulatory guidelines and updates surrounding incentive-based pay. Market data from our BCG surveys and databases will be incorporated throughout. As part of this webinar we will utilize a score sheet that shows how your Bank compares to banking industry best practices regarding executive total compensation.
Who should attend
Board Members, Compensation Committee Members, CEO's, senior management, and Human Resource Officers.