Bank Compensation Consulting Services

The banking industry faces a multitude of compensation challenges – a global financial crisis, economic recession and government-sanctioned restrictions on compensation. At the same time, the Troubled Asset Relief Program (TARP) is driving all banks — whether TARP participants or not — to re-examine existing compensation arrangements related to severance payouts, clawbacks, incentive plan risk, 162(m) deductibility and Say on Pay. Combined, these changes have made it increasingly difficult for banks to attract, motivate and retain key members of their senior management team. At a time when banks need customized, insightful and effective compensation consulting services more than ever, PM&P offers an unparalleled level of expertise and experience in the design and administration of compensation programs.

For more information about our firm's Banking Compensation services, please download our fact sheet. We also invite you to contact the office nearest you or email us at banking@pearlmeyer.com.

The Latest Insights from Pearl Meyer & Partners

Compensation Trends and Issues

Inside the Boardroom with Susan O’Donnell

Effective Compensation Risk Assessment at the Board Level

ABA Banking Journal Coverage of Federal Reserve Proposals on Banking Pay
   Podcast: Interview with Susan O'Donnell MORE >>
   Meet your new pay consultant—the Fed – Part One MORE >>
   Meet your new pay consultant—the Fed – Part Two MORE >>

Executive Incentive Practices Post-TARP

Risky Business: Assessing and Addressing Executive Compensation Risk

Client Alerts

Final Rules for 2010 Compensation and Corporate Governance Disclosures

RiskMetrics 2010 Policy Updates

Federal Reserve Proposes Unprecedented Oversight of Pay Programs at Financial Organizations

House Backs Say on Pay and New Independence Rules

SEC Seeks Significant Expansion of Compensation and Corporate Governance Disclosures for 2010 Proxy Season

Obama Administration's Proposed Say on Pay and Comp Committee Independence Standards for All Public Companies

The SEC's Busy Spring/Summer Agenda

Summary of Significant Executive Compensation Restrictions for Companies Participating in TARP

The Ever-Changing Federal Assistance Landscape: Treasury's New Executive Pay Restrictions

Comment Letters

PM&P on FDIC Employee Compensation and Risk-Based Assessment System

PM&P on Federal Reserve Proposal on Pay

PM&P on 2010 RMG Policy Changes

PM&P on Proposed SEC Disclosure Amendments

Bank Governance and Compensation Articles

Protect Your Bank's Future

Risky Business: The New Focus on Executive Compensation Risk

Bank Research Reports

2009 Say on Pay Survey - Banking Industry Edition
The 2009 Say on Pay Survey provides a look at the steps companies have taken or plan to take to prepare for a shareholder vote on executive pay practices, with data on banking industry responses as well as the entire survey group.

Executive Pay in the New Economy February 2009 Results - Banking Industry Edition
The Executive Pay in the New Economy survey examines the changing executive pay outlook for banks, with perspectives provided by Directors, executives and human resource professionals.

Banking Executive Compensation Trends and Competitive Market Data Report
A custom developed high level "pulse" of executive total compensation levels for senior executives based on the most recent proxy filings for banks similar in size and/or region. Includes a summary of emerging trends and best practices in this changing environment. Click here to learn more about receiving your custom report.

Bank Compensation Surveys

2009 Northeast Banking Compensation Survey
Conducted in conjunction with the Massachusetts, Connecticut and New York Bankers Associations, this is the most comprehensive survey of compensation among banks in the Northeast. The report covers officer and non-officer compensation for more than 150 positions, as well as data on policies and practices related to salary administration; short-term and long-term incentive plan design; executive retirement benefits; and executive perquisites and incentives. Click here to learn more about purchasing the 2009 Banking Compensation survey

2009 Bank Director Compensation and Governance Practices Survey Results
This comprehensive survey, conducted in conjunction with the Massachusetts, Connecticut and New York Bankers Associations, is the definitive source for information on Board of Directors compensation and governance practices among Northeast banks. Specific topics include:

• Total Compensation (including Board Retainers and Meeting Fees)
• Committee Compensation (including Chair Premiums)
• Board and Committee Composition and Structure
• Equity Practices
• Benefits Practices
• Governance Practices
• Other Operational Practices (including Board Evaluation, Education, Strategic Planning and Succession Planning)

Click here to learn more about purchasing the 2009 Director Compensation and Governance survey

For more information on any of the reports list above, please contact banking@pearlmeyer.com.