/10
Does the credit union have a formal written compensation policy for the CEO position?
Yes
No
/10
Has the board established an objective process to evaluate the performance of the CEO?
Yes
No
/10
Is the board confident that the CEO’s compensation is fair and competitive with other CEOs in credit unions of similar size?
Yes
No
/10
Does the board have a process to review the cash compensation paid to the CEO?
Yes
No
/10
Are all board members unbiased and fair in their approach to CEO compensation?
Yes
No
/10
If the board had to recruit a new CEO today, would all members feel comfortable knowing what they would have to pay a new CEO?
Yes
No
/10
Does the board consider the performance of the CEO as well as the credit union when determining CEO pay increases?
Yes
No
/10
Is the board aware of how the CEO feels about his or her compensation?
Yes
No
/10
Has the board determined who the credit union’s peers are?
Yes
No
/10
Does the board have a positive relationship with the CEO, even at compensation review time?
Yes
No
Oh No!
It seems like there may be some issues with your CEO's compensation package at your credit union! Make sure you watch the full video to get some helpful tips on how you can create a solid compensation package that your CEO will appreciate!
As a reference, you only answered Yes to {number correct} of the 10 questions!
There is Room for Improvement!
It looks like the CEO's compensation package at your credit union could be improved. Make sure you watch the full video to get some helpful tips on how you can create a solid compensation package that your CEO will appreciate!
As a reference, you answered Yes to {number correct} of the 10 questions.
Great Job! Your CEO's Compensation Package Shows Value!
Awesome! It seems like your credit union is doing a great job of creating a compensation package for your CEO that shows value. You are on the right track to reaching the peak of your board performance!
As a reference, you answered Yes to {number correct} of the 10 questions! That is great!