Compensation Survey

The Alabama Bankers Association is pleased to announce that we are partnering with on the 2023 Alabama Bankers Association Compensation Survey. For more than 25 years, Pearl Meyer has been the definitive source of banking industry compensation data. Hundreds of institutions rely on Pearl Meyer to guide their compensation strategy and decision making each year by working with their senior team of compensation consultants and survey experts.

This survey provides the most detailed data on banking compensation and pay practices available today. The report also presents key policies and practices metrics covering salary administration, short-term and long-term incentive plan design, average turnover rates, mortgage originator compensation and plan design, and commercial loan officer compensation and plan design.

After reviewing the Banking Compensation Survey Report you will understand:

  • Average and projected salary increase spending for banks
  • Prevalence of Short-Term and Long-Term Incentive Plans
  • How bank performance influences executive bonus payments/incentives
  • Whether your incentive policy is competitive for top sales performers

One change to note with this new process is that we will no longer offer the results for free for those who participate in the survey. Those that participate will, however, be able to purchase the results at a discounted rate. The survey results from Pearl Meyer will be much more robust than what we have offered in the past and will include not only a PDF file, but also an Excel file.

With your report purchase, you receive the Alabama Bankers Association Compensation Report, the National Banking Compensation Report and report results in PDF and Excel. The survey participant price is $595, and the non-participant price is $1,495. We also offer a regional state South Atlantic Banking Survey, so please contact us for bundle pricing.

Key Survey Dates:

  • Data Effective Date: April 1, 2023
  • Submission Due Date: May 26, 2023
  • Publication Date: Week of August 14, 2023

How Do I Participate?

Contact Rhonda Snyder with Pearl Meyer by emailing her at

Questions? Contact Rhonda Snyder or you may reach out to Lisa Dunn at Alabama Bankers Association at