Developing and Retaining Top Talent for Long-Term Success
It’s fairly obvious why banks are so focused on attracting and retaining high caliber employers. Just as in sports, when you have a talented team and a good game plan, you get great results.
Browsing: Executive compensation
FSB Finds Banks Making Strides on Executive Compensation Practices
Bank boards are more active in overseeing executive compensation, and a broader range of units within banks have input into compensation, according to a progress report released today by the Basel, Switzerland-based Financial Stability Board.
Regulatory, Investor Expectations Elevate Compensation Committee Role
A free excerpt from ABA Banking Journal Directors Briefing.
When M&A Occurs, Don’t Forget a Retirement Plan Review
Integrating 401(k) plans might not seem like the biggest strategic priority, but getting it right is critical for motivating employees.
How Banks of All Sizes Are Winning the Talent Wars
Best practices for bank employee recruitment, readiness and retention
Op-Ed: Large, Bank-Like Credit Unions Should Be Treated Like Banks
The largest credit unions with nationwide growth aspirations should be treated like banks, according to an American Banker op-ed published today, with special focus given to community reinvestment requirements and executive compensation.
FSB Proposes Draft Data Set for Compensation Data Reporting
As part of its broader effort to address misconduct risk at large, globally active banks, the Basel, Switzerland-based Financial Stability Board today requested public comment on draft recommendations for compensation data reporting.
Wells Fargo CEO: Bank Has Made ‘Fundamental Changes’ Since Fake Account Scandal
Wells Fargo CEO Tim Sloan appeared before the Senate Banking Committee today to provide an update on the steps the bank has taken over the past year to mitigate damages resulting from unauthorized accounts that were opened by Wells Fargo employees to meet sales goals.
SEC Issues Guidance on Pay Ratio Calculation
As public companies prepare to begin making Dodd-Frank Act mandated disclosures of the pay ratio between their CEOs and a median employee, the Securities and Exchange Commission is issuing guidance to facilitate compliance.
ABA Proposes Improvements to Executive Compensation Proposal
In a comment letter to six federal financial regulatory agencies today, ABA raised numerous concerns about the agencies’ proposed incentive-based compensation rule.