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.
Wages for credit union employees see moderate increases, but incentives and bonuses continue to be popular.
If your paycheck shrank a little last year, you're not alone.
Credit union human resource professionals face the difficult task of reducing health care plan costs while keeping employee benefit packages robust enough to draw and retain top talent.
According to the CUNA 2009-2010 CEO total compensation survey, 63% of credit unions with $100 million or more in assets have a succession plan in place that specifies how the CEO will be replaced.