2013 Georgia Bankers Association Compensation and Benefits Survey

As a reminder, there are two parts of this survey, a Benefits or "Non-Salary" portion and a "Salary" portion.  The due date for your Survey Response is Friday, June 28, 2013.

Similar to last year, there are two options for ways to complete the survey:

Option #1)         Electronic - use the links below to access the different portions of the survey.    The first portion listed is the Salary information and the second portion is the Benefits information which is split into 4 Sections to help with completion.  Instructions are provided below for each portion of the survey.

Option #2)         Paper – you use the links below but you print out each packet and submit your data via fax or mail after filling out the forms manually.  Also, you could scan and email your response, if you prefer.

It is important to submit only one version, either paper or electronic, not both.  Feel free to use which ever version is more convenient for you; however, we do encourage electronic submission to speed up processing of data and to minimize the risk of data entry errors.

In order for your participation to be accepted, you must complete both the Salary and Non-Salary portions of the survey.

Salary Portion

To begin completing this portion of the survey, download a copy of the Survey Participant Packet by clicking on the hyperlink below. 

Click Here: 2013 GBA Compensation Survey Participant Packet
(Opens in a new Browser Window for saving to your local disk)

Read through the instructions and then review the job descriptions and match the positions in your institution to the thumbnails in the Compensation Survey Participant Packet.   Please note, on the last page of the Participant Packet there is a guide to “Frequently Asked Questions” which should answer many of your questions, but, do feel free to call Bill LaFontaine for any questions or assistance.  We will be happy to help.  919-644-6962, extension 1103.

Once you have determined which of your Bank’s jobs match the Survey’s jobs, then, record the salary data on the data input spreadsheet.   You may access the data input spreadsheet by clicking on the link for the Salary Spreadsheet Template located below.

Salary data should be recorded as an annual rate of pay effective May 1, 2013.

Please remember to record data for ONLY:

• your bank’s jobs that match the survey jobs
• full-time employees in the matched job
• base salary rates; DO NOT include overtime or any special compensation, such as ATM premium, etc.

Recent government regulations affecting many community banks have made it difficult to determine what banks are currently paying for annual incentive compensation.  Therefore, to help determine how much banks are setting aside for short-term (annual) incentive compensation, this year we are again collecting data in the following three areas: Annual Immediate Stock/Equity Bonus/Incentive, Annual Restricted or Deferred Stock Grant and Maximum Annual Incentive Potential.  Instructions for how to report data for each of these three new questions are listed in both the Compensation Survey Participant Packet and the Data Submission Spreadsheet.

Salary Data Submission via Spreadsheet

The spreadsheet is in Microsoft Excel format.  Click on hyperlink below to access the spreadsheet.  Then, click “Save As” to save to your local hard drive.  You must save the Salary Spreadsheet Template to your computer in order to save the information you enter.  Open the file and complete your bank’s information. 

Click Here:  Salary Spreadsheet Template
(Opens in a new Browser Window for saving to your local disk)

Once you have completed the data entry, save the file and email to GBA@MatthewsYoung.com. If you have any questions as you complete the survey, please don't hesitate to contact Bill LaFontaine at W.LaFontaine@MatthewsYoung.com

The Georgia Banker's Association Salary Survey will provide its participants with the ability to obtain data specific to their needs. For an additional fee, you may request any county or cluster of counties in a single optional summary report of Technical and Clerical (non-exempt) job salaries. Click the link below to find out more about these custom reports:

See Sample Report / Order an Optional Report

Benefits (Non-Salary) Portion

This portion of the 2012 GBA Survey in divided into four sections which collects and reports data about the following:

Submission Deadline June 28, 2013

We have created an Adobe Acrobat .pdf formatted “Fill-in Form” for completing the Benefits Survey portion. 

If you are a first time survey participant, simply “right” click on the link provided below and select the option “Save Target As” in order to save the file to your computer’s hard drive.  You can name the file GBA Benefits Survey – “Bank Name”.  Then proceed to open the file on your computer and complete the form by typing your responses directly into the spaces provided on the form.

Click Here:  BLANK Benefits Survey Fill-in Form
(Opens in new window as Adobe Acrobat .PDF)

For 2012 survey participants, please register in the spaces below and we will send you (via email attachment) a pre-filled form with your previous years’ information. This is a major time-saver. You will just open the form and review the entries to verify that they are still accurate and simply type over the old information to override information that has changed. 

Once you have completed the Benefits Survey form, please email it as an attachment to GBA@MatthewsYoung.com or you can print it and fax or mail it to us at:  Matthews, Young – Management Consulting, Attn:  GBA Benefits Survey, 505 Millstone Drive, Hillsborough, NC 27278. If you have any questions as you complete the survey, please don’t hesitate to contact Bill LaFontaine at W.LaFontaine@MatthewsYoung.com.

For assistance, contact:
Bill LaFontaine W.LaFontaine@MatthewsYoung.com; or
Tim O'Rourke tim.orourke@matthewsyoung.com;
(919) 644-6962