News

League Offers Free 2018-2019 Staff Salary Report Download — 10/25/18

Report offers data for CUs under $50 million in assets

For the fifth consecutive year, credit unions under $50 million in assets will again have free and full access via download to new salary survey data that will help them plan for the future. The updated report comes through a special group licensing arrangement with CUNA. The report has a retail price of $249.00 if purchased directly from CUNA.

“Since many of our credit unions are under $50 million in assets, offering the free download is a good use of League resources, and a good source of information for Managers and CEOs determining salaries and employee benchmarks,” stated League President Ken Watts. Watts noted that eleven League member credit unions voluntarily participated in the national survey.

The 2018-2019 CUNA Staff Salary Report is 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 50 full-time positions and 10 part-time positions.

This 447 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.

The e-report is available for download from the League’s web site at wvcul.org and clicking on the Salary Survey banner, or looking under the Publications/Member Publications tab.

Registration on the League’s web site is required before downloading.