We all know the credit union industry is experiencing an executive evolution with the CEOs nationwide retiring, making room for a new crop of top talent to lead our industry to increased heights. But how do we entice this top talent to stay in our industry -- or even attract outside folks to join us with their fresh ideas?
Well, we have the man with answers for you -- and that would be Mr. Mike Higgins from Mike Higgins & Associates, who provides us with seven tips for your credit union to offer effective incentive plans to gain and retain that talent. Here's the quick list for you...
1. Results based
2. Minimum threshold
4. Meaningful size
5. Self funded
6. No cap
7. Balanced measures
Watch to discover details on each and let us know what you think.
Mike Lawson, Host
Married to a beautiful and wonderful wife, raising 5 kiddos (including twins!), enjoy helping others tell their stories, and love surfing SoCal waves. Keep it simple.