Designing A Plan

An effective incentive design, that encourages your talent to stay with your company, must have real value for the targeted Key Employee.

We create a profile of each of your candidates, then design a meaningful incentive package for each candidate or a group tailored specifically to that selected employee or group.

An incentive design typically includes one or more of the following features:

• Deferred bonus with performance or service year incentives, or both
• Survivor benefits
• Children’s college funding
• Supplemental Retirement income
• Disability benefits
• Long-term care benefits

Our incentive plans are designed to help you retain and reward your most valuable employees by:

• Ensuring that the incentive(s) are a motivator for the employee
• Involving the employee’s family when possible
• Rewarding over periods of time for performance or longevity, or both
• Creating a significant financial hurdle for a competing employer

There are also features designed to lower risk for the employer:

• In the event of voluntary or involuntary termination prior to plan completion, all benefits are surrendered to the company
• The employer is typically reimbursed a significant portion of the cost of funding the plan
• Reimbursement can then be used in any way the company chooses

The bottom line is this: The freedom and flexibility to respond to a dynamic employment environment is now within your reach.