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Key Considerations for a Pay-for-Performance Compensation Model

ClearCompany Recruiting

This article discussing the pay-for-performance compensation model and the benefits and drawbacks of this strategy was originally published in May 2015. One area that organizations can customize and personalize their strategies is in their compensation model for employees. Jason Lemkin, Managing Director at Storm Ventures.

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New Survey: Company Mission & Culture Matter More Than Compensation

Glassdoor for Employers

While high salaries and unique perks may have once been the keys to attracting top talent, a new survey from Glassdoor shows that a company’s mission and culture matter most to job seekers. Furthermore, over half of the 5000 respondents said that company culture is more important than salary when it comes to job satisfaction.

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How Banks and Credit Unions Can Prosper in the Midst of the ‘Great Resignation’

Employment Technologies

Banks and Credit Unions have reached a pivotal moment. While employee retention is actually improving in the financial sector, finding and keeping the right talent remains a challenge (Crowe, Bank Compensation and Benefits Survey, 2021). Regions Bank took this approach with their branch associates. According to the U.S.

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Banking Talent Shortage Tempered by Delayed Retirement—But for How Long?

Slayton Search Partners

Baby Boomers are staying in the workforce for longer than expected, but with a growing challenge to attract younger generations, the banking talent shortage is set to soar. The banking industry is faced with an interesting conundrum. Nine out of ten banks are challenged by hiring and retaining new professionals.

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The Top-Rated Workplaces for Compensation and Benefits

Indeed

And in today’s world, compensation is so much more than just a number — it also includes the added benefits offered to you by your company, such as health insurance, wellness, time off, bonuses and more. In short, investing in competitive compensation is an investment in your firm. Here’s what we found.

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Exploring the Return-to-Work Dynamics Across Banking, Fintech, and Wealth Management Sectors

Slayton Search Partners

Banking, fintech, and wealth management, in particular, make an interesting trio. Big Banks Are Keeping People Close. It’s no secret that big banks have a huge swath of real estate. There are a handful of banks , both in the US and globally, that seem to recognize this discord and are implementing hybrid models accordingly.

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Should Your Job Listings Include Salary Information?

ApplicantStack

Along with education and experience requirements, compensation immediately determines if someone will apply for the job or move on to the next one. Salary transparency is the act of openly discussing wages in job postings, in interviews, and as a part of company culture. Some prefer to present a large salary range in the job listing.