Compensation
Compensation
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Fifth Third's Melissa Stevens targets millennials with new app. Meanwhile, regulators are accused of ignoring millennials. Plus, a Goldman Sachs wealth manager sues for discrimination.
September 7 -
Want employees to feel empowered to make decisions to help customers? Rewarding that behavior is one way to reinforce the message. Here’s how one South Dakota community bank goes about it — in a splashy, Super Bowl-sized way.
September 7 -
As part of a $35.5 million settlement with black financial advisers, Wells Fargo agreed to take non-financial measures to create a more fair workplace.
September 6 -
The addition of John Stallings, who ran SunTrust's Virginia operations, is intended to make Union a more nimble institution, allowing CEO John Asbury to spend more time on strategic planning.
September 6 -
Trademark FCU elects new directors, appoints new supervisory committee members and more CU leaders in the news.
September 5 -
“You can’t serve the public if your employees are shell-shocked,” said one executive, comments echoed by other institutions dealing with the aftermath of Hurricane Harvey.
September 5 -
“You can’t serve the public if your employees are shellshocked,” said one top banker, comments echoed by other institutions dealing with the aftermath of Hurricane Harvey.
September 5 -
In an effort to be able to serve members without having to hand them off from staffer to staffer, more credit unions are turning to the "universal employee."
September 5 -
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 -
Sanger is out at Wells Fargo and so it is a crisis that gives us our first female board chair at a major U.S. bank. Women lead two major tech initiatives at JPMorgan Chase, which is also adding a fourth woman to its executive committee.
August 17 -
Basel Institute says enforcement is the problem; wealth adviser says bank steered clients away from her to white colleagues and blocked her promotion.
August 17


















