Pensions and staff morale least likely to constitute staffing challenge
Degree of concern varies by size of central bank
Half of central banks consider employee pensions and staff morale pose no issues for staffing, the Governance Benchmarks 2026 find.
Respondents graded several factors posing potential challenges to maintaining sufficient staffing on a scale of one to five. One corresponded to “not challenging at all” and five to “severely challenging”.
“Pensions and other benefits” has the lowest average score of 1.9. It comes just behind staff morale, which received an average score of 2.0. Salaries still pose
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More on Governance
Governance Benchmarks 2026 Charts
Take a deep dive into the Governance Benchmarks charts, which have just been released for 2026
Majority of central banks posted profit in last year
Largest share of profit-makers have no dividend-sharing contract with government
Half of central banks prohibit senior officials’ shareholdings
Minority of respondents working to adopt other internal policies
Non-executive directors earn five times less than governors
NEDs work an average of 14 hours weekly, Governance Benchmarks 2026 find
Boards with salary-setting duties have largest membership
Greatest number of non-execs appointed by government
Roughly 40% of central banks lack a monetary policy committee
Governing boards remain widely responsible for setting overall strategy
One in six central banks is being recapitalised
Process is ‘not as smooth as we would want it to be’, benchmark respondent says
Governors of smaller central banks earn slightly below global average
But governors’ salaries remain above $200,000 a year