Remote Work Spotlights Geographic Wage Differentials

With the increase in remote hiring, more than 50% of financial institutions have expanded their recruiting to other markets. With employees’ newfound ability to work from anywhere, geographic pay differentials (“geos”) have been thrust into the spotlight.

New Features: March 2023

Our March release is focused on speed, baby! The net result is our engineering team building features at a faster pace, and our users completing frequent or complicated features instantaneously.

New Features: February 2023

While our primary focus for February has been polishing up our new corporate bonus planning software, BalancedRewards, we’ve also worked in some small but mighty improvements to our BalancedComp and BalancedResults apps.

New Features: January 2023

This release was entirely based on client feedback. We reserve December for responding to increased client needs and quickly building and releasing improvements for you as you are in the system working on budgets and performance reviews this time of year.

Why CEO Pay Ratios Don’t Really Matter

Is it out of line for the Chief Executive of a successful company to be paid hundreds of times the salary of their average employee? Or are these high salary discrepancies are deserved?

The Pitfalls of Poor Compensation Strategy

A good compensation strategy is essential to any financial institution. More than a "nice to have" or "best practice," a solid compensation strategy ensures that your bank or credit union pays for performance and demonstrates equitable pay values from top to bottom.

New Features: December 2022

We know firsthand just how arduous Q4 can be! This December, our release focuses on enhancing the processes we know our clients are navigating this time of year: creating budgets and helping supervisors complete their employees’ performance reviews.

New Features: November 2022

Our November release focuses on getting you what need, right when you need it, without having to contact your consultant or support (even though we love hearing from you!). From CEO Reports, to all your reviews, to custom budget reports, this release is a treasure trove of instant deliverables.

30 Fastest-Growing Salaries for Financial Institutions in 2023

2022 has been like any other year for measuring compensation at banks and credit unions. Salaries writ large are having trouble keeping up with inflation, but these top 30 fastest-growing salaries span all departments of financial institutions.
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