An Empirical Assessment Of The Determinants Of Bank Branch Manager Compensation

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Susan Stites-Doe
James J. Cordeiro

Keywords

empirical assessment, branch-management compensation

Abstract

A model of branch-management compensation based on human capital and performance measures is tested using data on managers from eighty-two branches of a large, Eastern United States bank. Human capital factors such as managerial rank, gender, years of schooling, experience in the industry, and age are found to explain branch manager pay levels, after controlling for competition, and branch size.

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