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VERSION: 2.1
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DTSTART: 20121203T160000Z
DTEND: 20121203T170000Z
SUMMARY: Effective Variable Pay Lending Strategies
LOCATION: Your Credit Union


Oklahoma City, Oklahoma
 - Credit Union Association of Oklahoma: http://www.oklahomacreditunions.coop
UID: 1025
DESCRIPTION;ENCODING=QUOTED-PRINTABLE: Date: December 3, 2012Time: 10:00 AM -11:00 AM CSTRegistration Options:Quickbite Audio Conference- $150 (unlimited listeners and free audio archive for 30 Days after conference)About: Designing successful variable pay plans for credit unions is one-part science andan equal part art. Nearly all of the top-performing lending credit unions in thecountry utilize pay for performance and incentive programs to motivate their staffs.The challenge comes in designing incentive programs that are simple, effectiveand fair.    The following topics will be covered in this QuickBite:   • Should all employees be rewarded for reaching certain financial targets?   • Which employees should have a variable pay plan?   • Should you utilize group or individual incentive programs?   • How to prevent an additional payroll expense without achieving the needed financial result.   • Suggested incentive structure for senior management, middle management and front-line staff.   • How to end the whining about aggressive variable pay plans in the loan department.   • Recommended incentives for the loan departmentFor more information, please contact Carrie Buchholz at: (P) 405.702.8622 ext. 215(E) carrie@cuaok.org 
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