Ms. Anderson is a Director within McLagan’s Corporate and Consumer Banking Consulting Practice at our Minneapolis office. She advises clients on the design and implementation of compensation programs that support the client’s strategic goals and compensation philosophy while maintaining industry best practices. Kara guides clients in the development of compensation plans that attract, retain, and reward key talent.
Kara has over 14 years of experience in compensation and benefits consulting, serving the banking and financial services industries as well as Fortune 500 companies. She has consulted to boards of directors and bank executives on salaries, bonuses, equity plans, benefits, and employment agreements.

Prior to joining McLagan, Kara managed project teams advising organizations on their total rewards programs that included consulting on design as well as calculating pay and benefits costs. Ms. Anderson has also provided actuarial pension calculations and consulted on employee retirement, stock purchase, and stock option plans. In addition, Kara has career experience with Hewitt Associates and Clark Consulting’s Healthcare and Banking practices.

Kara earned a Bachelor’s of Science degree in mathematics (actuarial emphasis) and economics from the University of Wisconsin, Eau Claire. She holds a Master’s of Business Administration degree in strategic and operations management with a human resources emphasis from the University of Minnesota’s Carlson School of Management. Kara is also a Certified Employee Benefits Specialist.