Salary survey snapshots

first_imgThe 2016 CUES Executive Compensation Survey shows healthy gains, positioning credit unions to recruit and retain executive talent.Pay and bonus increases for CEOs over the year ending in May averaged 7.1 percent, with the average base plus bonus across all asset ranges increasing to $382,175 in 2016, up from $356,900 in 2015 in the same-sample survey (CUs participating in both years to more clearly indicate trends). (Read more about this year’s survey.)In addition, check out these survey snapshots:CEOs are well-educated and experienced: 93.7 percent of chief executives responding to the survey had 16 years or more experience in the financial services industry; 85.5 percent had at least a four-year college degree; and 18 percent had earned their CCE designation from attending CUES’ CEO Institute.Earnings are the top performance metric: 61.8 percent of credit unions in the survey rely on earnings as a key indicator in determining bonus/incentive awards for CEOs. Other common factors are board evaluations (56.1 percent), loan growth (49.1 percent), and membership growth (26.9 percent). The least reported factor in assessing bonus pay was regulatory compliance, at 4.7 percent. continue reading » 6SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Clippers lose to Heat in Summer League tournament

first_img Newsroom GuidelinesNews TipsContact UsReport an Error The Clippers shot 44 percent from the field and saw nine of their shots blocked – five by 7-footer A.J. Hammons.The Clippers will conclude Summer League with a consolation game against the Golden State Warriors (1-4) on Friday at 3:30 p.m. at the Thomas & Mack Center. LAS VEGAS >> Second-year big man Brice Johnson had 13 points and six rebounds, but the Clippers lost to the Miami Heat, 91-84, in a round-of-16 game of the NBA Summer League tournament on Thursday afternoon at Thomas & Mack Center.Jamil Wilson had 11 points and Kendall Marshall added 10 for the fifth-seeded Clippers (3-1), but No. 12 Miami (4-1) prevailed behind the trio of Okaro White (23 points, eight rebounds), Justin Robinson (22 points, six assists, four steals) and Gian Clavell (20 points).Clippers draft picks Sindarius Thornwell (nine points) and Jawun Evans (six points, three assists) played 29 and 13 minutes, respectively. Former UC Irvine standout Luke Nelson had two points, three rebounds and three assists in six active minutes.The Clippers led by as many as 16 in the first quarter, but the Heat erased that deficit in the second quarter and the game was close the rest of the way.last_img read more