There's a gap between the average base salary and bonus figuresfor male and female credit union CEOs, according to the preliminaryfindings of Executive Compensation Solutions' 2011 employee andexecutive compensation survey.
|“We are seeing that there is a high potential for women to reachexecutive-level positions at credit unions,” said Adam Zelinsky,director of operations for the Covina, Calif.-based compensationand benefits consulting firm.
|The average salary for a male credit union CEO is $234,000 peryear, while female credit union CEOs earn an average of $192,000annually, Zelinsky said.
|Men who hold CU CEO positions receive an average bonus of$28,000; the average bonus for women in the same position is$13,000, according to ECS.
|“If more women held executive-level positions at credit unions,that could lead to an increase in their average base salary andbonus,” Zelinsky hypothesized.
|The 2011 ECSsurvey, which will be available in its entirety in November, isbased on questionnaire responses from more than 200 CEOs of creditunions with $50 million or more in assets.
|CUES recently announced the results of its 2011 Executive CompensationSurvey, which indicated an upswing in credit union executivecompensation across the board.
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