Compensation
Compensation
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Credit unions across the country share news of new hires, promotions, board elections and more.
March 30 -
The nation's oldest credit union celebrates longevity of its staff and other credit union professionals in the news.
March 29 -
Young professionals have a reputation in banking for hopping from job to job. So what exactly are they looking for? The same things as older peers: solid benefits and better pay, according to recent surveys.
March 28 -
Financial institutions of all sizes are overhauling benefits policies and promoting work-life balance to better compete for millennial recruits with the hipper tech sector. The big changes include longer periods of paid time off for new parents.
March 27 -
The more vocal millennial generation is pushing companies like Bank of America to redefine diversity in the workplace to include more freedom of expression.
March 24 -
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 -
The auditing giant has faced heavy criticism for failing to uncover wrongdoing at Wells. But the San Francisco megabank said Wednesday that it wants to maintain a relationship that goes back decades.
March 15 -
A new study finds that, when it comes to truly celebrating women, Wall Street still has a long way to go.
March 15 -
A quartet of credit union professionals are one step closer to the top job following promotions to C-level decision-makers.
March 14 -
A database that identifies wrongdoers could prevent banks from making bad hiring decisions, but can it ensure that former employees' rights are adequately protected?
March 10 -
Oregon State CU promotes a pair of branch managers, WESTconsin hires SVP of retail operations and more CU officials in the news.
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