Credit Union Compensation Is Not Keeping Up With Inflation
Wage growth for full-time equivalent employees has stayed well above the Consumer Price Index for years, but surging inflation has turned the tables, resulting in a nearly six-point gap.
Wage growth for full-time equivalent employees has stayed well above the Consumer Price Index for years, but surging inflation has turned the tables, resulting in a nearly six-point gap.
Through 2019, traditional retail delivery continued to develop as credit unions increased branch and employee counts. In 2020, as the novel coronavirus begins to impact operational strategies, credit unions may shift focus to remote support networks in an effort to offer sustained member value.
Credit unions are optimizing work environments, integrating key systems, ensuring business continuity and cybersecurity, and adapting culture to new ways of working.
Callahan staffers offer tips and advice being a worker-in-residence.
New takes on service delivery at U.S. credit unions increase operational efficiencies and attract new members.
Incorporating peer analysis is an ideal way to enhance the impact of planning season.
A monthly collection of Callahan content that, together, addresses a single topic from a variety of perspectives.
Loan origination growth outpaced employee growth, pushing originations per employee $16,000 higher than one year ago.
U.S. credit unions reported a 169-basis-point decline in the efficiency ratio year-over-year. And that’s a good thing.
The Massachusetts credit union is working across the enterprise and with other credit unions to make the most of data visualization software.
Wage growth for full-time equivalent employees has stayed well above the Consumer Price Index for years, but surging inflation has turned the tables, resulting in a nearly six-point gap.
Through 2019, traditional retail delivery continued to develop as credit unions increased branch and employee counts. In 2020, as the novel coronavirus begins to impact operational strategies, credit unions may shift focus to remote support networks in an effort to offer sustained member value.
Credit unions are optimizing work environments, integrating key systems, ensuring business continuity and cybersecurity, and adapting culture to new ways of working.
Callahan staffers offer tips and advice being a worker-in-residence.
New takes on service delivery at U.S. credit unions increase operational efficiencies and attract new members.
Incorporating peer analysis is an ideal way to enhance the impact of planning season.
A monthly collection of Callahan content that, together, addresses a single topic from a variety of perspectives.
Loan origination growth outpaced employee growth, pushing originations per employee $16,000 higher than one year ago.
U.S. credit unions reported a 169-basis-point decline in the efficiency ratio year-over-year. And that’s a good thing.
The Massachusetts credit union is working across the enterprise and with other credit unions to make the most of data visualization software.
Wage growth for full-time equivalent employees has stayed well above the Consumer Price Index for years, but surging inflation has turned the tables, resulting in a nearly six-point gap.
Through 2019, traditional retail delivery continued to develop as credit unions increased branch and employee counts. In 2020, as the novel coronavirus begins to impact operational strategies, credit unions may shift focus to remote support networks in an effort to offer sustained member value.
Credit unions are optimizing work environments, integrating key systems, ensuring business continuity and cybersecurity, and adapting culture to new ways of working.
Callahan staffers offer tips and advice being a worker-in-residence.
New takes on service delivery at U.S. credit unions increase operational efficiencies and attract new members.
Incorporating peer analysis is an ideal way to enhance the impact of planning season.
A monthly collection of Callahan content that, together, addresses a single topic from a variety of perspectives.
Loan origination growth outpaced employee growth, pushing originations per employee $16,000 higher than one year ago.
U.S. credit unions reported a 169-basis-point decline in the efficiency ratio year-over-year. And that’s a good thing.
The Massachusetts credit union is working across the enterprise and with other credit unions to make the most of data visualization software.