Compensation Program Development

Cooke/Andres develops compensation programs designed to attract and retain quality personnel. We develop a variety of logical and systematic compensation programs with supporting documentation and recommendations. Our compensation programs are based on the external marketplace, internal analysis, and pay-for-performance concept. A program includes: full analysis and documentation, on-site meetings, board presentation, implementation plan, forms, users guides, electronic media, and on-site training.

Compensation Analysis

Comparative market studies help ensure competitive pay levels. Cooke/Andres analyzes salaries using job descriptions, current salary ranges, professional survey data, and economic data. An analysis includes: full report, recommendations, updated salary structure and implementation plan are included. An on-site meeting and board presentation may also be provided.

Executive Compensation Analysis

An industry-competitive compensation package is required to attract and retain quality executives. We conduct comprehensive executive compensation analysis for the four primary areas: base salary, incentives, benefits, and perks. An analysis includes: full report, findings, specific recommendations, and implementation plan. An on-site meeting and board presentation may also be provided.

Incentive Programs

More than half of all credit unions in the United States use incentive programs. Cooke/Andres develops a variety of customized credit union incentive programs that support the organization's strategy. Program development includes: program design, policy, administrative guide, and forms. On-site meetings and board presentation may also be provided.

 

 
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