Meet the Core Team

Bank Compensation Group is made up of these key principals and consultants.

MICHAEL LAYNE | Consulting Principal

JOE HAYES | Actuary Principal, Director of Design and Analysis

DANIEL WEBSTER | Regional Consultant

Meet the Support Team

Bank Compensation Group depends on these reliable third-party resources.

Combine Core Team Talent
with Support System Expertise

Banks choose BGC for its experience, credibility and good references. They know
core team members by name, and they know Bank Compensation Group is a com-
pany name they can trust. Because the firm operates under an open architecture
format, technical consulting, plan management and ongoing administration are all
independent of each other. This organizational approach gives banks the option of
choosing among third party resources and thus maintaining control over all their
transaction components.

JOE HAYES

Actuary Principal, Director

of Design and Analysis

Society of Actuaries Associate

American Academy of Actuaries Member

Old Dominion University
Norfolk, Virginia | BS in Mathematics

                       Joe has many years of                        experience in the field of                        qualified and non-qualified                        benefits. At one point in his                        career, he helped manage                        over $5 billion in benefit                        liabilities. He has both                        developed and implemented                        COLI and BOLI products. Joe’s expertise includes insurance product knowledge, benefit and illustration system design, and actuarial administration.

Joe Hayes