Key Employee Retention Planning
Who needs a Non-Qualified Deferred Compensation Plan?
Companies that . . .
- Need to retain key employees
- Need to recruit proven performers
- Want to thank key employees for their contributions
- Want to selectively reward and motivate key people
Advantages to Employer . . .
- Retains and attracts key employees
- Makes it expensive for employees to leave
Advantages to Key Employee . . .
- Substantial retirement/survivor benefits at little or no cost
- Frees up savings for other needs