Cues Podcast

Pay increases found in the CUES Executive Compensation Survey this year range from 3% to 7%, depending on the position. Scott Hackworth says in this episode of the CUES Podcast that these figures are significant considering how much uncertainty is present in the overall economy right now. Even though no one knows what’s going to happen next, “this urge or this need to maintain consistency, especially amongst the top executives, that need has really risen and become more prominent than ever,” explains Hackworth, president of Industry Insights Inc., CUES’ partner in doing both the CUES Executive Compensation Survey and CUES Employee Salary Survey. “And because of that, there’s the increase in compensation.”Hackworth said that the pandemic has shown many employees and executives that working from home works for them, at least some of the time. He says credit unions that want to attract and keep top talent will need to consider flexible work in their offering compensation programs.“Some of those pieces, the welln