Compensation
Compensation
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Nearly three out of five respondents to a Bloomberg survey said they would most like to work for the CEO of JPMorgan Chase. That was enough to make Dimon the most popular choice out of a list of the leaders of six big banks.
July 24 -
The National Labor Relations Board has found that the Wisconsin-based insurance provider withheld certain employment information during the collective bargaining process. The company and its workers' union have been locked in contentious contract negotiations.
July 21 -
In the wake of the decisions to roll back affirmative action provisions within college admissions, many executives are looking for ways to continue championing diversity, equity and inclusion.
July 18 -
American Banker's Allissa Kline speaks with Shaun Bisman and Kelly Malafis of Compensation Advisory Partners about the latest trends in bank CEO pay and what to expect for the rest of the year.
July 14 -
The Supreme Court's ruling on affirmative action in higher education has opened the door to challenges of diversity initiatives in the financial services sector, legal experts say. Internship programs for minority students could face scrutiny, as could efforts to increase workforce diversity.
July 13 -
Eligible customers would receive a credit of up to $5,000 that can be put toward expenses like closing costs, or used to secure a lower interest rate. It's the latest example of a bank launching a program aimed at extending credit to minority borrowers.
July 12 -
Deborah Donnelly, senior program manager of talent and performance at BECU in Washington state, has prioritized training the next generation of professionals in each position she's held.
July 12 -
Ally, Truist, Citizens and SoFi are among the banks that offer student loan repayment benefits. The recent Supreme Court decision striking down President Biden's loan forgiveness plan could give a leg up to companies that provide such assistance to their employees.
July 11 -
The highest tier of vice presidents made 13% less, and all but the most junior associates saw their total compensation fall, according to a survey of about 250 U.K. bankers by global recruitment consultancy Dartmouth Partners.
July 11 -
While 48% of hiring managers admit to having bias, 68% think that AI could be the key to removing it from the hiring process.
July 10