Salary Survey Foresees Small Raises, But More Bonuses
The salary outlook for credit union executives and rank and file employees reflects what’s been happening during the U.S. economic recovery. It’s still stuck in the slow lane, and no one really knows when it will change into the fast lane.
The Credit Union National Association recently released its 2012-2013 “Complete Credit Union Staff Salary Survey Report,” which reveals most credit unions (79%) with $1 million or more in assets gave a salary increase to at least some of their full-time employees, including executives, in 2012. This percentage, however, was the same in 2011.