1995 Called, It Wants Its Compensation Package Back
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1995 Called, It Wants Its Compensation Package Back
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Read the shownotes and full transcript on our site: growyourcreditunion.com
Your board thinks $100,000 is too much for a CEO because they never made more than $40,000 on the factory line. Your C-suite wants the credit union of old. And your employees? They're leaving, not for better pay, but because you're offering them a 1995 compensation package in 2026.
In this episode:
- What age is your leadership thinking in?
- Why somewhere you lost your ability to be creative
- Why they don't want pizza they want a path to your chair
- Why you can't keep absorbing benefit increases every year
Host: Joshua Barclay
Guest Co-host: James McBride, SVP of Credit Union Relationships at CU Benefit
Guest: David Simms, Creator of CU Benefit
A huge thanks to our sponsor, CU Benefit
Stop absorbing annual benefit cost increases of 20-40%. CU Benefit is a strategic CUSO partner designed to help Credit Unions pre-fund up to 100% of employee benefits and unlock balance sheet potential. Generate investment returns 4-5 times higher than traditional bonds. Strengthen employee retention and increase net income by as much as 50%. Visit CUBenefit.com to learn more.
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