2018 Bank Compensation & Benefits Survey

Just in time for 2019 budget planning!

What does the survey cover?

A total of 420 banks participated in the 2018 Crowe Bank Compensation and Benefits Survey. The participants represented a cross section of the industry by size and geographic location. The survey covers 263 job titles and the following topics:

  • Salary trends and incentive payouts
  • Employee turnover and staffing levels
  • Benefit trends
  • Board of directors' compensation
  • Succession planning

How does this resource support our hiring/retainment strategy?

The 2018 Crowe Bank Compensation and Benefits Survey provides invaluable compensation-focused benchmarking data. According to MRINetwork’s 2017 Recruiter Sentiment Study, 52% of candidates cited competitive compensation packages as the most attractive to prospective hires (#2 was work-life balance). With such an emphasis on compensation from a talent perspective, having relevant and timely data is critical when considering any of the following:

  • New positions you may be adding later this year or in 2019
  • Enhancing your retention programs to ensure competitive compensation 
  • Filling vacancies due to employees who’ll be retiring
  • 2019 employee compensation budgeting
  • Comparisons for senior management and board of directors' compensation package

What’s the participation breakdown?

Midwest participation: 144

  • Ohio participants: 16
  • Population <100,000: 122
  • Population >100,000: 22

Asset Size:

  • $0 - $250M: 41
  • $250M - $500M: 46
  • $500M - $1B: 32
  • >$1B: 25

What's the cost?

For more information, please contact Susan Houser at shouser@cbao.com or 614.610.1876