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F ederal Reser ve b a n k o f D allas

DALLAS. TEXAS

75222
C ircular No. 77-68
June 24, 1977

OFFICERS' AND EMPLOYEES' SALARY SURVEYS

TO THE CHIEF EXECUTIVE OFFICER
OF THE MEMBER BANK ADDRESSED IN THE
ELEVENTH FEDERAL RESERVE DISTRICT:
T h e F e d e ra l R e s e r v e Bank of Dallas b e g a n an O fficers' S a la r y S u r v e y
p r o g r a m for m e m b e r b a n k s in th e E le v e n th D is t r i c t in 1972 a nd e x p a n d e d th e p r o ­
g r a m a y e a r la te r to in c l u d e a n E m p lo y ee s ' S a l a r y S u r v e y . T h e s e p r o g r a m s ha ve
b e e n well r e c e i v e d b y com m ercial b a n k e r s in the D istric t; more than 300 b a n k s
p a r t i c i p a t e d in eac h s u r v e y last y e a r .
To p a r t i c i p a t e th is y e a r , y o u r b a n k n e e d s only to complete th e e n ­
c lo s e d q u e s t i o n n a i r e s a n d r e t u r n them by S e p t e m b e r 1, 1977. If you do not w ish
to p a r t i c i p a t e , m e re ly d i s c a r d th e e n c l o s e d m a te r ia ls a s th is p ro g r a m is v o l u n t a r y ,
o n e d e s i g n e d s t r i c t l y for y o u r b e n e f it. T h e com p leted forms shou ld be r e t u r n e d to:
Bank a n d P u b lic Information D e p artm en t
F e d e ra l R e s e r v e B ank of Dallas
Station K
D a lla s, T e x a s 75222
Also e n c lo s e d a r e i n s t r u c tio n m a n u a ls for r e f e r e n c e in com pleting both
s u r v e y s . One c opy of eac h q u e s t i o n n a i r e s h o u ld b e r e ta in e d a s a w o rk c o p y , a n d
th e o t h e r f o r w a r d e d to u s . We w ill, in t u r n , p r o v i d e you the com pleted r e p o r t s
t h a t co nta in e x t e n s i v e s a l a r y a n d p e r s o n n e l data fo r 31 official positio ns a n d 28
e m p lo y e e p o s itio n s . Each p osition is s u r v e y e d a s to a v e r a g e , minimum, a n d m a x ­
imum s a l a r i e s , s e n i o r i t y , b o n u s , r e t i r e m e n t , i n s u r a n c e , a n d o t h e r in c e n tiv e s .
For th e r e p o r t s to b e a s m eaningful a s p o s s i b l e , c o m p a ris o n s a r e made on th e b a s i s
of b a n k s iz e , as well a s g e o g r a p h i c a l location. Final d a ta will be r e t u r n e d to you
in tim e to a s s i s t w ith s a l a r y a p p r a i s a l s fo r th e coming y e a r .
If you h a v e a n y q u e s t i o n s , p l e a s e call o u r B ank a n d Public Information
D e p a r t m e n t , E x t. 6370.
Sincerely y o u rs ,
E r n e s t T . B aughm an
P resident
Enclosures

Banks and others are encouraged to use the fo llo w in g t o ll- fr e e incoming WATS numbers in contacting th is Bank:
1 -8 0 0 -4 9 2 -4 4 0 3 (in tra s ta te ) and 1 -8 0 0 -5 2 7 -4 9 7 0 (in te rs ta te ). For c a l l s placed lo c a lly , p le a s e use 651 plus the
e x te n s io n referred to above.

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)