Today's market for credit union CEO talent is competitive, and it will grow even more competitive as baby boomers continue to retire.
That’s why credit union leaders must stay current on the latest executive compensation trends, whether they want to retain their current leader or quickly attract a new one.
Here are a few things credit union leaders should know about executive compensation based on CUNA’s research:
While those are industry-wide trends, it is important for credit unions to customize their packages based on their CEO or the job candidate they hope to attract.
Learn more about the executive compensation marketplace in the October issue of Credit Union Magazine.
JON HALLER is CUNA director of corporate and market research.