Tag: Motivating Employees

How to Motivate Lenders

Motivating Lenders

Larger banks are paying their lending staff higher compensation than smaller competitors are paying their teams.  The difference in the same market, similar seniority and position can be as much as 100% when factoring salary, bonus, profit sharing and stock incentives.  It can be difficult for a community bank to attract the lending talent it needs, but we point out that many community banks are succeeding by investing in their culture and building an environment that goes beyond traditional compensation.

 

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