SBA Lending: The Highest Salaries in the Lending Department

 Administrator Isabella Casillas Guzman, Head of the U.S. Small Business Administration (SBA) and the voice for America’s 33.2 million small businesses, opened a window of new applications for Small Business Lending Company (SBLC) licenses for the first time in over 40 years.

Suffering from Wage Compression is Optional

 Determining if your organization is experiencing wage compression requires a thorough analysis of your employees' compensation levels and the pay structure within the company.

New Features: July 2023, pt. 2

 This month’s update brings you top-notch security, advanced insights, and streamlined authentication. Embrace a new era of convenience, control, and optimization - only with BalancedComp!

New Features: July 2023

 July’s update is packed with highly requested features! We're thrilled to introduce improved job description formatting, an on-demand Rewards trial experience, and automated company admin onboarding.

The Changing Landscape in Tech Salaries at Financial Institutions

 The U.S. is home to some of the largest and most successful IT companies in the world. Regardless of a financial institution’s asset size, it will compete with large companies for top-tier IT talent capable of implementing evolving technology strategies. From 2000 – 2020, most exempt-level IT salaries moved year over year twice as fast as positions in the market at large, making it difficult to stay competitive to the market and requiring higher salary increases to attract experienced talent.

New Features: June 2023

 June brings the release of our two most-requested features of all time! Along with those heavy hitters, we were also able to focus on speed and uniform styles (as always!)

New Features: May 2023

 May welcomes the beta release and free 30-day trial of BalancedRewards, our new corporate bonus planning product. Predictably - that’s where our focus has been! As our first clients have begun digging in, we’ve added monumental new features and further enhanced the already-lighting-fast mass actions throughout the application.

Dear Employee, You Deserve a Reward

 Many banks and credit unions just completed the biggest net income year seen in many years. This didn’t merely happen due to general strategies in place by senior managers. The interest on loans advised on, processed, and delivered by knowledgeable employees who had earned clients’ trust over the years was a driving contribution.

Corporate Incentives Without Expensive Entitlements

 Organizations are shifting their corporate reward program structures, validating the importance of employee productivity and the motivations needed to help the company achieve its growth strategy and share mutual rewards.
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