Corporate Title Market Practice Study

Corporate Title Market Practice Study

McLagan Regional & Community Banking Corporate Title Market Practice Study Corporate titles such as EVP, SVP, and VP are highly prevalent in the banking industry. How does your title structure and approach to title management compare to the market? Corporate titles facilitate a shared understanding of seniority, both with employees and We’re here to to customers. Understanding the number and types of titles used in the market is an empower results important part of ensuring your practices are relevant externally. At the same time, Contact our team today to learn your title structure should support internal objectives. more about our solutions for regional & community banks and credit unions. This study utilizes information collected from the McLagan Regional and Community Banking Compensation Survey. Chris Richter 1.952.886.8217 Topics covered include: [email protected] • Number of unique titles used and number of employees with each title For more information on • Title depth within the organization McLagan, visit • Corporate title alignment across functional area of responsibility mclagan.aon.com/rcb – Prevalence of titles across key top management positions – Differences across front-office and back-office roles • Salary ranges by title • Administration guidelines – Promotion, job leveling, and competency guidelines – Alignment with salary grades – Handling recruiting and mergers Our team specializes – Nomination and approval process in providing customized, focused We provide a customized view of how your titles compare to the market. expertise for regional and community Number of Employees with Corporate Titles banks to help our clients solve their most pressing Market: talent challenges. 75th 50th 25th # of Employees of # Your Firm EVP SVP VP AVP JAN2020.

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