Compensation
Compensation
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More than half of all credit union CEOs – and 70 percent of total employees – are women, but those numbers are misleading, since the majority of female CEO slots are only at smaller institutions. So what will it take for that to change?
March 24 -
BMO recently won a diversity award for reaching its goal of having women in 40% of senior management jobs, and CEO Bill Downe argues equal treatment of employees will carry over to fair treatment of customers and create long-term profits for shareholders.
March 23 -
New hires, promotions, board elections and more credit union officials in the news.
March 23 -
B of A's Cathy Bessant and Michelle Moore have a few suggestions for women who want to advance and RBC's Janice Fukakusa sets a new pay benchmark for female executives. Plus, Bank of the West's Nandita Bakhshi and Citi's Yolande Piazza.
March 23 -
So-called performance-share units are pushing aside stock options as the preferred long-term incentive pay for bank executives. Many investors and regulators fear that options can encourage reckless conduct and have other shortcomings, though options still have supporters.
March 21 -
CU is rewarding members for activity in savings, loans and active products.
March 20 -
Banks like TD and U.S. Bancorp are suddenly taking public shots from current and former employees critical of their sales practices, a sign that the industry has not put behind it the questions raised months ago by the phony-accounts scandal at Wells.
March 17 -
Bay Street's highest-paid female banker set a new benchmark for women executives in the banking industry — though their ranks among the top wage earners remain thin.
March 17 -
Pennsylvania league honors CEO with award and other credit union professionals in the news.
March 17 -
Financial advisers accused of misconduct are treated very differently depending on their gender, with women far more likely to get fired. Plus, what happens when a guy switches email signatures with his female coworker?
March 16