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Items Tagged with 'executive'
IRS Rules Complicate Compensation Reporting Requirements
Reporting executive compensation is necessary—and complex—under IRS Form 990 rules.
March 8, 2013
The CU movement must maintain its reputation for reasonable and transparent executive compensation.
America's CU Conference
Prepare for High CEO Turnover
Make sure compensation plans include entire executive team, urges Albraccio.
July 1, 2012
It's important to build a compensation structure that will maintain the executive team and provide stability during a time of transition.
Advice for Tomorrow’s Leaders
Cultivate good interpersonal skills, and know the right questions to ask.
July 1, 2012
The path to excellent leadership often includes some form of executive training. Among the options for training is CUNA Management School.
Four Steps to Successful Succession
Does your CU have a succession plan—or just an emergency plan?
June 5, 2012
In effective succession plans, two main elements work together: executive development and incentives.
Include ‘Golden Handcuffs’ with Succession Plans
CUs face increased risk of losing top talent to other organizations.
May 12, 2012
Build ‘bench strength’ so your CU has a top-notch CEO in waiting.
Executive Compensation: Waiting for a Rebound
Expect smaller pay increases, fewer incentives.
September 9, 2011
When compensation does rebound, CU executives can expect greater regulatory accountability.
Defend Your Executive Pay Practices
A well-designed, well-documented compensation plan is the best defense against regulator inquiries.
June 1, 2011
New regulatory requirements will increase scrutiny on boards' executive compensation decisions.
Use Salary Data to Attract & Retain Skilled Staff
August 31, 2010
Setting appropriate compensation is crucial to recruiting and retaining skilled employees, encouraging high performance, and ensuring competitiveness in the labor market.
Credit Union Magazine
August 2014 digital edition
To Add Members, Think ‘Bold’ and ‘Local’
Know the Signs of Workplace Fraud
HELOC ‘End of Draw’ Periods Could Create ‘Financial Shock’ for Consumers
CUs Plan Hiring, Pay Increases
Avoid the Compliance Pitfalls of Social Media Advertising
While I thought that the premise of the article was good, I found one point very disturbing. It is that the Visions FCU ages people off their board at age 70. I found that really offensive. It perpetuates what I believe to be the regrettable marginalization of elders in our society, and the often erroneous assumption of debility and decline after a certain chronological age. Lots of folks over 70 are leading dynamic and viable professional lives and contributing to our society. How about Warren Buffet, a number of Supreme Court Justices, Jimmy Carter, the late Nelson Mandela and the late Maya Angelou, to name but a few, along with scads of writers, academics, performers, artists, and often our friends, neighbors and colleagues. If Visions wants new people on their board, it seems as though the term limitations and a nominating committee can accomplish that without aging all people off at age 70. I think that’s so insulting. And if those were paid employment, it would be illegal. I do wish you’d have picked a different credit union to profile---one that perhaps does many of the same things, without the arbitrary age exclusion. There have to be others out there.
David, good point about the "recovering comfortably" comment. That was an editorial addition--which I'll remove.
Many good points but too rosy? Will the "Federal Reserve raise short-term interest rates 1% per year for the next three years, starting in 2015—“probably next year at this time” ? I have heard from other economist that the US government will go bankrupt if that happens due to the QE the fed has done for several years. Also it seems an exaggeration to say “We survived a heart attack,now the economy is recovering comfortably." Comfortably recovering is too ignore the economic stress that many members still live with daily that will eventually affect many credit unions.
Karan, Great article and insight. I would also recommend that you start getting those credit cards into the hands of the youth BEFORE they are in college. One of the best ways to reach this young generation is through mom and dad. Before the student goes to college, get them started with a credit card (even if mom and dad are joint on it). It's never too early to start marketing credit cards. Mark
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