Compensation
Compensation
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The days of having an employee who happily works at the drive-through window for 30 years are over. So what’s a bank to do about its branch staff now? Bank of Tennessee has some ideas that it expects will appeal to millennials.
September 5 -
The new owner of this Miami bank might be from Chile, but it sure knew how to create warm feelings with the employees it acquired. Instead of cutting back on benefits, it added some new ones — including a cash bonus paid for life events like having a child.
September 1 -
United Community Bank of West Kentucky took the harrowing experience of one of its employees as an opportunity to improve the benefits it offers.
August 31 -
Credit unions across the country report a flurry of promotions, as well as new hires, board appointments and more.
August 29 -
The uplifting story of another Virginia statue — this one honoring the first black female to charter a bank — is well-timed. Plus, JPMorgan Chase's O'Connor on laboring over Libor and U.S. Bank's Lawler on getting people to do the right thing.
August 24 -
The Madison, Wis.-based credit union's new base pay level will be more than double the state minimum, and is the final step in a phased increase to the CU's "foundation wage" that began last year.
August 23 -
Chief executives welcome new professionals to their management teams and more new hires, promotions and honors.
August 22 -
Employee benefits initiative is offered by Corporate Central CU.
August 22 - Computer models say that diversity helps companies
Differing groups of problem solvers — groups of people with distinct tools — consistently outperformed groups of the best and the brightest, Bloomberg View Columnist Justin Fox found in his research.
August 21 -
The company says the tracking devices are a way to reduce office space and know when shared workstations are free, but "hot-desking" also raises questions about whether employees are being spied on.
August 18