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The 2022 Crowe Bank Compensation and Benefits Survey provides salary and bonus benchmarks for 271 job positions as well as information regarding employee benefits, incentives, director compensation, and current trends in key human capital management practices.
Using responses from 429 financial services companies, the 2022 survey made several key findings, including:
The top five human resource management issues were related to finding, motivating and developing the right people. “Finding and hiring the right people” was top of mind for 95% of respondents.
Officers saw their average salary rise this year by 6.8%, up from 3.7% in 2021.
The median salary of CEOs/presidents in 2022 was $265,225, an 8.3% increase since 2020.
The position of entry-level teller was the most difficult to fill despite receiving a 12.6% median pay increase from $26,103 in 2020 to $29,400 in 2022.
The chief human resources officer position had a 13.5% median salary increase from 2020 to 2022.
Although there is a rise in awareness on environmental, social and governance (ESG) issues, 67% of survey respondents had not yet acted on ESG initiatives at their own organizations.
If you have any questions about the report or how to participate, contact the survey administrators at [email protected].