Finding and retaining the right talent is the key to success for many companies. Your executive compensation and benefits program should be your first defense against competitive recruiting. Keep your leaders where they belong: on your side.
Key person life insurance is an excellent business planning tool. It can provide funds to replace that person, buy out their share in the business or it may be required for a business loan.
Deferred compensation arrangements are one of the most common and attractive plans for businesses seeking to reward and retain their top performers. These plans work well for a wide variety of business because they are flexible and customizable to the executive.