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Crowe Compensation Survey 2017

Crowe Compensation Survey 2017

Every year Crowe Horwath LLP surveys financial institutions throughout the U.S. about compensation trends; salary and bonus benchmarks; benefits; incentives; director compensation; and other human resource practices.

Tim Reimink is managing director, Financial Institutions Performance Consulting at Crowe Horwath LLP. He has more than 25 years of banking industry experience and more than 10 years in bank consulting and is based in Grand Rapids, Mich. He has helped clients with operational process improvement, technology planning, credit risk, compensation, and cost reduction. [email protected]. 1 616 774 6711

Patrick Cole is a senior manager, HR Advisory Services at Crowe Horwath LLP, based in St. Louis. He has more than 29 years of experience in human resource consulting, including organizational development and effectiveness; compensation design and assessment; human resource management; and employment law compliance audits. He is a certified Senior Professional in Human Resources (SPHR) and Certified Compensation Professional [email protected] 1 616 774 6711

 

Earlier years' installments of the Crowe research can be found here.

Third in a series: Renewed focus on employee incentive plans comes as Crowe Horwath research indicates that banks sometimes lean on programs that don’t clearly correlate individual and team work with rewards.

Employee incentive plans leave room for improvement

Many banks don’t know if their programs actually produce any gain
Second of a series: Crowe Horwath LLP consultants discuss survey findings dealing with turnover issues. Then they explore potential solutions banks can try.

Employee turnover: Dealing with costs seen and hidden

Major turnover hits both officer and nonofficer ranks
First of a series: Many bank incentive programs bear no connection to individual performance, according to Crowe Horwath’s most recent human resources survey. The survey also uncovered deficiencies in some basic HR practices.

Talent competition: missed opportunities as battle intensifies

Evolution in types of recruits banks seek plays a part

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