Compensation Survey

2020 Survey NOW OPEN

One of the most powerful benefits that the Indiana Bankers Association has to offer is our annual Financial Institution Compensation Survey. Only with maximum participation is the full potential of the survey realized.

For more than 30 years, Crowe LLP has conducted a comprehensive annual survey of compensation-related practices in the banking industry. This year, the survey will include questions regarding COVID-19 and Work From Home arrangements, in addition to providing salary and bonus benchmarks for 263 positions as well as information on benefits, incentives, director compensation, succession planning and human resource practices. It will also allow you to benchmark your bank's compensation practices against those of other similar banks.

The survey will help you address questions such as:

  • Are our employees being paid competitively?
  • What are banks planning for salary increases?
  • Is our executive compensation package competitive?
  • How do our director fees compare to others?
  • What can we do to control the costs of benefits?
  • How do our human resource programs compare with those of other banks?

In addition, by participating in the survey, you will receive access to exclusive thought leadership and a substantial discount* off the retail price of the survey report.
*You must complete the entire survey to be eligible for the report discount.

Complete Survey Now link EXPIRES August 14, 2020

Contact Rod Lasley with any questions.


2019 Compensation Survey

The IBA is pleased to offer you the 2019 Indiana Financial Institutions Compensation & Benefits Report.  In partnership with Crowe LLP, we have gathered information on compensation and human resource issues for the benefit of all our members.  We believe that this data is extremely valuable to executives and boards of directors in helping design and manage effective, competitive and reasonable reward programs in their organizations.

Thank you to the 56 institutions that participated in this year’s survey.  Their contributions allowed us to be able to offer this beneficial information to you.  All data is reported by peer group, including:

Financial Institutions Represented by Asset Range
   Less Than $250 Million - 20
   $250 Million - $500 Million - 16
   $500 Million - $1 Billion - 8
   Greater Than $1 Billion - 12

Financial Institutions Represented by Population Size
   Less than 100,000 - 49
   Greater than 100,000 - 7

Reports are available for Indiana only, the Midwest Region (IN, IL, MI, OH) or all participating institutions in the U.S.


For further information or assistance, contact Rod Lasley at the IBA, 317-387-9380.