MADISON, Wis. (10/17/14)--To help inform credit unions about trends in salary and compensation for CEOs and senior executives, the Credit Union National Association released this week two new reports comprised of data from 2014 and forecasts for trends expected in 2015.
The two reports, called the 2014-15 CUNA CEO Total Compensation Report and the 2014-15 CUNA Senior Executive Total Compensation Report, are available in print, e-book and PDF formats. To access the materials use the resource link below.
"Attracting and retaining top-tier leadership should be a top priority for every credit union," said Jon Haller, CUNA director of market research and consumer education. "With these reports, we hope to make doing so as straightforward as possible by providing credit unions with the data and analysis to measure their own compensation strategy against the rest of the their region, as well as the nation as a whole."
Both the CEO and senior executive reports--senior executives include executive vice presidents, chief financial officers, chief operating officers and chief information officers--provide data on credit unions with more than $100 million in assets. They also break down results by asset size, region and other pertinent metrics.
The reports then delve into strategic priorities for attraction and retention of top-talent CEOs and executives, including base pay, bonuses, contract terms and retirement planning.