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Employees expect to see increased pay as a result of tax reform’s expected positive impact on bank earnings, but banks should take a strategic approach.
Banks are increasingly incorporating risk and reputational concerns into their incentive plans.
There will always be strong demand for high performing producers. Incentive plans, when designed correctly, can help attract, motivate and reward the employees who are key to driving the bank’s success.
Here are a few things boards and compensation committees should consider to mitigate potential risks in implementing equity incentive plans.
Banks are increasing their monitoring and reporting to the board following the Wells Fargo scandal.
An information resource for senior executives and directors of financial institutions.
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