2017 Incentive Compensation Survey (April 2018)

The survey was conducted by The Risk Management Association (RMA) between October 2017 and January 2018. The 2017 survey was designed as an outcome of the Incentive Compensation Round Table that took place on April 4, 2017.

The purpose of the survey was to capture the current status of the incentive compensation structure across a range of RMA member institutions and to gather detailed information on current and best practices and challenges. Most of the questions were multiple choice with opportunities to provide comments. Some questions were open text, designed to provide information and insight about best and current practices.

 A total of 18 responses were received from a wide range of financial institutions including community, regional, and large banks headquartered in the United States and Canada:

  • Asset size between $10-50 billion: 2 responses.
  • Asset size between $50-100 billion: 5 responses.
  • Asset size between $100-250 billion: 7 responses.
  • Asset size over $250 billion: 4 responses.

The following areas were addressed in the survey:

  • Incentive Compensation Framework.
  • Non-Material Risk Takers.
  • Sales Campaigns/Contest/Discretionary Awards.

The final report provides participants’ responses, while protecting the confidentiality of individual institutions by masking the source of the responses. You may view a synopsis of the 2017 Incentive Compensation Survey (PDF) by clicking on the aforementioned link.

For questions please contact Sylwia Czajkowska, Associate Director/OpRisk, (215)446-4071, sczajkowska@rmahq.org.