MADISON, Wis. (9/16/13)--The Credit Union National Association has released a new, interactive compensation tool, CUNA Compensation Analytics, to augment the hiring and staffing strategy of credit unions across the movement. It provides information and resources just in time to help credit unions set their 2014 budgets.
"CUNA Compensation Analytics represents a breakthrough in giving hiring managers the tools they need at their fingertips for budgeting and hiring decisions," said Jon Haller, CUNA's director of Corporate and Market Research.
"We want to give them the flexibility to create customized reports on the data that matter most to them. Every credit union has different needs, and this new tool has the flexibility to dial in to very specific compensation details," Haller added.
"CUNA Compensation Analytics is a cloud-based, interactive tool that allows subscribers to research and set competitive salary packages for their staff and executive teams," said Beth Soltis, CUNA senior research analyst. "The data behind the tool come from our annual Staff Salary Survey, which is compiled from nearly 1,300 credit unions for 100 job titles--that's more credit union-specific data than the next two major salary studies combined."
Subscribers to CUNA Compensation Analytics will be able to:
- Access the data from the CUNA Staff Salary Report;
- Compare salary information for multiple positions across multiple states;
- Analyze salary data in both graphical and tabular formats;
- Easily export tables and charts for use in management presentations; and
- Improve decision-making with customizable, interactive report criteria.
Data available in the analytics tool include salary incentives and bonuses, total cash compensation, variable pay and compensation percentiles, salary ranges by location, and map views of data for specific criteria.
Data will be updated each July, keeping subscribers ahead of the curve for upcoming year staffing plans and salary budgets, said CUNA. The tool is available 24/7 throughout the year so subscribers can access the data for staffing, hiring and compensation decisions.
For more information, use the link, e-mail firstname.lastname@example.org
or call 800-356-9655, ext. 4172.