Incentive Compensation Plans
I have used a variety of firms that all do pretty much the same thing so rather than name a specific name I will refer you to the "Bank Director" website and look for their annual Compensation Conference where you will see many possible vendors referenced.
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Howard Gould
Board Member
Western Alliance Bank
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Original Message:
Sent: 06-06-2018 12:47
From: Eric Donaldson
Subject: Incentive Compensation Plans
We are looking to start an incentive compensation plan for most of the staff. I'm concerned about creating a plan that has unintended consequences, therefore, I'd like to work with a consulting firm that has done this successfully for banks. I'd like recommendations for consulting firms. I'd prefer it be a consulting firm rather than insurance company.
Thanks.
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Eric Donaldson
Chief Financial Officer
Silver Lake Bank
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------------------------------
Howard Gould
Board Member
Western Alliance Bank
------------------------------
-------------------------------------------
Original Message:
Sent: 06-06-2018 12:47
From: Eric Donaldson
Subject: Incentive Compensation Plans
We are looking to start an incentive compensation plan for most of the staff. I'm concerned about creating a plan that has unintended consequences, therefore, I'd like to work with a consulting firm that has done this successfully for banks. I'd like recommendations for consulting firms. I'd prefer it be a consulting firm rather than insurance company.
Thanks.
------------------------------
Eric Donaldson
Chief Financial Officer
Silver Lake Bank
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