LOS ANGELES, Nov. 8, 2011 (GLOBE NEWSWIRE) -- Employers Group (www.employersgroup.com), a 115 year old human resources consultancy, announces today the launch of its 2011 Banking Industry Executive Benefits Survey.
Co-produced with Employers Group alliance partner, Meyer-Chatfield Compensation Advisors, the goal of the ten-minute survey is to provide its participants with information to help drive improvements in key executive rewards, retention, and productivity. As banks move forward in an uncertain regulatory environment, organizations are facing new challenges on the key areas of attracting, retaining, rewarding, and motivating talent. To further complicate the issue, employers face unusual circumstances today, including retiring baby boomers and an influx of Generation Y into the marketplace. Knowing which benefits to offer and what an organization can affordably provide can mean the difference between operational success and failure.
"We have seen the complex issues banks face with their executive management team and key talent when it comes to retention," said Trevor K. Lattin, Senior Vice President at Employers Group. Adding to this, Lawrence G. Robinson, Senior Executive Compensation & Benefits Consultant with Meyer- Chatfield Compensation Advisors noted, "A comprehensive benefits strategy has never been more important or challenging in today's economic dynamic environment."
"Together, Employers Group and Meyer-Chatfield look forward to analyzing the national data results from this survey and being able to provide survey participants with the results in 2011 Banking Industry Executive Benefits Survey to be published later this quarter."
CFOs, CEOs, and HR professionals at leading banks will find the survey results of particular value. Employers Group invites companies to participate in the complimentary survey by clicking on this link:
http://info.employersgroup.com/Bankingsurvey/
All survey participants will receive a complimentary copy of the results in the 2011 Banking Industry Executive Benefits Survey. Employers Group believes that its study will help banks to better position themselves for labor effectiveness and operational success.
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ABOUT EMPLOYERS GROUP
Employers Group, a California-based human resources expert and advocate, serves employers nationwide by delivering human resources solutions to its members. Originally founded in Los Angeles as the Merchant's and Manufacturers Association in 1896, the organization has moved from serving the interests of just California employers to helping companies across the globe mitigate risk, cut costs, and advocate for employer rights. Employers Group provides a member helpline with day-to-day guidance about employment laws and regulations, professional development, consulting projects, and compensation and workplace trends surveys. It is the "voice" for businesses in both the judicial system the California Legislature and Congress, advocating for employers every step of the way; thus, thousands of employers have come to rely on Employers Group for "everything HR," freeing them to do what they do best to grow their businesses. For more information, visit www.EmployersGroup.com.
About Meyer-Chatfield Compensation Advisors
Founded in 2004, Meyer-Chatfield Compensation Advisors (MCCA) has provided assistance and counsel to directors and executives in all aspects of compensation. Our mission is to understand each client's objectives and provide sound and practical advice in the design of compensation programs that will serve to attract and retain valued executives and key talent. MCCA's consultants possess over fifty years of compensation experience assisting public and private companies (both large and small) across a wide range of industries as well as not-for-profit organizations and leverage that experience to design and implement relevant and innovative solutions through the creative design and strategic use of performance based compensation plans. We research and develop measures that drive best practices and enable our clients to compete effectively in their market setting.MCCA is the compensation consulting affiliate of Meyer-Chatfield Corporation which is based in Philadelphia with operations in Atlanta, Boston, Pensacola, Pittsburgh and San Diego. For more information, visit www.compensationadvisors.com .
CONTACT:
Nicole Vierzba
Marketing Manager
Employers Group
+1 213 765 3913
nvierzba@employersgroup.com
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