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ABA/Hay Group 2007 Salary Administration, Incentives, and Employee Benefits Survey
 Banks devote significant resources to rigorously manage their compensation and benefits expenses as they navigate a challenging economy and compete for high quality personnel. The ABA and Hay Group recognized a need to expand on ABA's existing Executive Compensation Survey with a separate survey that focuses on total remuneration information, such as salary administration practices, short-term and long-term incentive plan designs, benefits prevalence information, and executive perquisites. Some of the survey's findings include:
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The majority of respondents target the 50th percentile for base salary, short-term incentives, long-term incentives, and total direct compensation.
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The majority of banks grant stock options on an annual basis, with 43 percent of eligible employees receiving a grant in the most recent plan year.
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The most common executive perquisites offered by banks are cell phones, followed by severance pay and company cars or car allowances.
CEOs, human resources executives and other senior bank executives involved in developing your bank's compensation packages would benefit from reading this report. You will not want to miss this unique opportunity to compare your policies and practices with those of your peers.
Release Date: October 2007
View the table of contents (PDF)
To order the report:
PDF, 47 pages, 2007
Catalog #3004194
$3,000 List Price,
$1,500 for ABA members.
Participants in this survey receive the following discounted price:
$1,500 List Price,
$ 750 for ABA members.
Participants in this survey that also participated in the ABA Executive Compensation Survey receive the following discounted price:
$ 750 List Price,
$ 500 for ABA members.
Price does not include any applicable state and local sales tax.
To order the report, call 1-800-BANKERS, fax (202-663-7543), or use the secure form.
For more information about Hay Group click here.
Your comments and questions are very important to us. Please send an email to Benchmarking and Survey Research or call us at 1-800-BANKERS.
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