Being Strategic with Base Compensation for Non-Executive Positions
Thursday, June 13, 2019
10:00 am – 11:30 am CT
Recommended for 2 CE Credits
What questions should your Bank ask about compensation below the CEO and top executives? This session will address pay equity regulations, setting job grades, performance evaluation best practices, and determining base salary and appropriate raises for employees. As part of this session we will provide information on conducting market research using industry surveys, using market research to establish and set salary grades, and linking salary increases to positioning in a salary grade and performance. We will also briefly discuss such items as FLSA job classifications (exempt vs. non-exempt) and effectively writing job descriptions. Our focus in this session is helping HR professionals sort through some of the compensation related challenges they may encounter outside of the executive level.
- Salary administration and salary grade best practices
- How to use market research and banking industry surveys to benchmark positions within your financial institution
- Performance evaluation sample forms and best practices
- Summary of FLSA classification requirements
- Sample job description format
Who Should Attend:
HR Staff is the primary intended audience for this webinar. CEO’s and CFO’s would also benefit from this information.
“Definitely worth while attending. Very engaging speaker and well constructed presentation.” — Denise Nichols, HR Manager, Meadows Bank
Mr. Michael Blanchard is the CEO of Blanchard Consulting Group. He has extensive experience in the human resources field and has conducted or supported over 500 compensation planning, market research, and organizational development projects over the past twenty-four years, with almost 20 years specific to the banking industry. Mike has presented to various national and state banking associations including the American Bankers Association, the Bank Director Annual Compensation Conference, and the Western Independent Bankers association on a variety of compensation and board governance topics. With a master’s degree in advanced industrial and organizational psychology, Mr. Blanchard’s experience includes advising clients on assessing total compensation, incentive planning, and performance appraisals.
Matt Brei is the President of Blanchard Consulting Group. He has been a compensation consultant since 2000 and has been exclusively focused on the banking industry since 2002. Prior to founding Blanchard Consulting Group he worked at Blanchard Chase, Amalfi Consulting, and Clark Consulting. Matt started his career at Arthur Andersen. He serves in a lead role with his client engagements and focuses on identifying the unique compensation needs and concerns of each individual client. Matt’s areas of expertise encompass multiple disciplines within executive, director, and staff compensation. Matt frequently speaks at banking conferences on various topics and has written a number of published articles within banking specific publications. Matt received a Bachelor of Arts degree with a double major in Accounting and Business Management from Luther College in Decorah, IA.