Keeping you informed on current issues.
Routine compensation reviews, particularly for a whole company population, aid in assuring the organization is offering competitive compensation packages that can attract and retain top talent.
Over the last several years there has been an increase in the number of companies expanding Compensation Committee charters and even changing the name to pair (i.e., Human Capital Committee, Compensation and Human Resources Committee, etc.).
In today’s rapidly changing and competitive banking environment, attracting and retaining top performers is essential for success. In fact, it may be the key to your performance or even differentiating your bank from your competition.
Pay transparency laws continue to gain momentum as more states are now requiring employers to disclose salary ranges.
Pay transparency refers to the communication of company pay practices to employees and explanation of how pay is determined for unique positions.