Overview:
In this session, we focus on compensation for key officers and employees throughout the Bank. We cover what questions should your Bank ask about compensation below the CEO and top executives? This session will address pay equity regulations, benchmarking positions using industry surveys, using this market research to establish and set salary grades, and linking salary increases and performance to positioning in a salary grade. We will also provide information surrounding performance-based cash incentive plans. Typical plan design parameters are explored along with common goals and range of payouts that are utilized. We will also briefly discuss such items as FLSA job classifications, performance evaluations, and job descriptions. Our focus in this session is helping HR professionals sort through the compensation-related challenges they may encounter. Â
Why you should Attend:
Ensure your compensation programs are competitive and meet industry/regulatory standards. Helps you attract, retain, and motivate all employees.
Areas Covered in the Session:
Who Will Benefit:
Mr. Michael Blanchard has worked exclusively in the banking industry for over 25 years and has led over 500 compensation planning and design projects. Before founding Blanchard Consulting Group, Mr. Blanchard was a Founder and Partner for Blanchard Chase, Managing Director with Amalfi Consulting, and a Vice President for Clark Consulting. With a master's degree in advanced industrial and organizational psychology, Mr. Blanchard’s experience includes advising clients on assessing total compensation for executives and directors, incentive planning, equity plan design, and salary administration for all employees.