League Offers Latest Free Staff Salary Report Download for CUs under $50 million in assets — 11/29/17
Credit unions under $50 million in assets will again have full access via download to new salary survey data that will help them plan for the future. This report comes through a special group licensing arrangement with CUNA, who published the report earlier this year. It is the fourth consecutive year that League has provided the report as part of credit union dues services. The report has a retail price of $249.00 if purchased directly from CUNA.
“Providing the CUNA Salary Survey is a good source of information for Managers and CEOs determining salaries and employee benchmarks as their credit unions continue to grow and expand in services,” stated League President Ken Watts. ‘Since many of our credit unions are under $50 million in assets, offering the free download is a good use of League resources.” Watts noted that nine League member credit unions voluntarily participated in the annual survey.
The 2017-2018 CUNA Staff Salary Reportis designed exclusively for credit unions with $50 million or less in assets. Credit unions may use data, along with the report's job descriptions to develop a successful salary program. The report also includes a benchmarking tool contains salary data from credit unions nationwide for more than 90 full-time positions and 10 part-time positions.
This 334 page report provides statistics on base salaries, incentives, bonuses, total cash compensation, and salary ranges for the most common positions in small credit unions. Credit union managers will be able to make meaningful comparisons, because the report displays results by asset size, region, number of full-time employees, number of services offered, number of members, and total amount of loans outstanding at the credit union.
Registration on the League’s web site is required before downloading.
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