Cues Podcast

Using data from the CUES Executive Compensation Survey is a great way to benchmark your credit union’s base salary and bonus packages—and make sure you’re paying within the strategy your organization has set forth, says Michael Becher, CPA. Some credit unions decide to pay at the market average, explains Becher, vice president of Industry Insights, Dublin, Ohio, which works with CUES to produce the survey. Other credit unions choose to be market leaders in compensation to help them attract and retain the best talent available.“With the way the economy is now, with job surpluses and the like, having this information (market compensation data) is just vital in terms of putting together a compensation package that’s competitive in today’s environment,” Becher says in the show. Becher and Industry Insights started working with CUES on both the CUES Executive Compensation Survey and the CUES Employee Salary Survey in 2014, working to improve the surveys year over year to provide the best possible data to credit un