rewards Infographics

Downsizing Efforts in Europe Doubled in a Matter of Three Weeks

Our latest COVID-19 pulse survey taken in mid-April finds 40% of organisations in Europe are either currently or considering downsizing compared to 20% from a similar survey taken three weeks prior.

Published: April 2020
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How Competitive Are your Salary Increase Budgets?

How are banks and financial services firms based in the United States differentiating their merit increases? Find out in this infographic.

Published: March 2020
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As Salary Budgets Shrink in Germany, Banks Look for Greater Differentiation via Performance-Based Pay

This infographic, which reveals data from a sample of approximately 30 firms in Germany that contribute to our McLagan Compensation Surveys, illustrates the year-over-year changes in compensation across junior levels at German banks over a two-year period. Results indicate that compensation is significantly higher for top performers.

Published: February 2020
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How does Pay Mix Differ Across International and Local Banks in Germany?

Our McLagan Compensation Survey data reveals that foreign banks continue to apply their global pay philosophies in Germany, which lean significantly towards variable pay, while German-based firms are required to abide by local regulations, leading them to invest more in salary pay. Explore more insights in this infographic.

Published: February 2020
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Do You Know Where Your Incentive Plan is Falling Short?

Designing a comprehensive incentive plan that will help a firm accomplish its goals, requires an approach that takes all stakeholders into account and supports the firm’s overall vision. This infographic highlights key tips and areas to consider.

Published: December 2019
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Five Ways to Use your Compensation Survey Results

Compensation surveys enable teams to work smarter, providing access to data with deep insights and answers about pay requirements in specific locations. This data is key to identify cross-industry pay differentials and trends for specific jobs, all while ensuring that your valuable talent with cross-sector experience is being rewarded competitively. Our infographic outlines the best ways to leverage your compensation market data.

Published: December 2018
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Five Quick Tips for Tackling Compensation Governance in Today’s Economy

As regulatory changes continue to evolve, it is important to stay diligent and ensure your firm has the right structure and framework in place. Our infographic outlines five tips that can help.

Published: October 2018
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A Checklist for Fall Comp Planning

It is officially fall, which means it is time to think about compensation planning and getting ready for next year's compensation cycle. We've prepared a reference guide for your compensation planning.

Published: October 2018
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Forces to Watch for Financial Services Firms Across the Globe

We are in an age of major global transformation for financial services. Technology disruption is happening all around us, forcing traditional establishments to innovate, re-think old tactics, and adapt to the ever-shifting digital world. In this current state of change, there are many new challenges that financial services firms must face head on, while contending with political and social unrest, economic fluctuation, and strong regulatory standards.

From global expansion to new reward structures, client experiences, and entirely new sectors, this infographic explores the top trends affecting financial services firms across the globe.

Published: August 2018
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What's Trending in Major Financial Services Hubs Across the Globe?

The influence of evolving technology in financial services is changing industry landscapes and long-lasting practices across the globe. Certain economies and companies are finding it easier to adapt to the moving industry and to new regulations. For some countries, the challenge is creating a deep-enough pool of skilled workers to meet demand. For others, it’s a matter of cutting redtape to encourage new businesses, or embracing new industries and business models.

We take a closer look at trends in employment, pay, talent, and regulation that are impacting financial services firms around the world.

Published: August 2018
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Large or Small–A Well Thought Out Rewards Program Never Goes Out of Style

Classic broad based compensation is enjoying a renaissance. We expect new approaches and automation to elevate its historically foundational components to a new level of impact. Workforce expectations continue to evolve. With more contractors, conditional workers, and alternative work arrangements as a part of organizational restructuring, the foundation of knowing what roles are, what accountability roles have, how to set goals and measure performance, and how to reward achievement of goals will become even more valuable.

Published: June 2018
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Engage Your Employees at Regional and Community Banks

The most successful banks know it takes engaged employees to deliver great results. It's not just about having the best lending rates or branch locations - it's about the people. Talent drives the performance of your bank more than any other investment you make. From competing with Fintech firms to the evolving role of branch personnel, having the best and most motivated people has never been more important.

Published: August 2017
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The Path to Financial Advisor Success

With rising pressure to grow profit margins, continuous improvement within the ranks of financial advisors has never been more important. But, what are the key building blocks and tools proven to drive financial advisor success? This week we explore and share with you ways in which implementation of a performance improvement strategy can make a BIG difference, how market intelligence sets the foundation, and ways to build an action plan for performance improvement.

Navigating the pressures of the industry is not an easy task. However, the effort and time is worth it. Firms that utilize a continuous process for improvement tend to outperform those that don’t.  Here, we’ll show you how:

Published: May 2017
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