THE WOODLANDS, Texas - (08/24/05) From Spring 2004 to Spring 2005, mediansalaries for staff level credit union employees climbed 3.5% whilethose of executives increased 3.6%, according to the D. HiltonAssociates 2005 Summer Staff and Executive CompensationSurveys. In addition, D. Hilton said variable pay in credit unioncompensation programs continued to increase in importance,supporting the pay-for-performance models many CUs now choose. Atthe staff level, 63% of the jobs covered by the DHA surveys are noweligible for variable pay, up from 52% a year ago, D .Hilton found.On the executive side, non-base salary components now comprise morethan 50% of total compensation.
Survey Shows Executive Pay Up at 3.6% atCUs
August 24, 2005, 1:00 a.m. EDT
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