
Executive Compensation Packages
Recruit, Retain & Reward Key Executives
Attracting, & retaining key executives is becoming increasingly competitive.
Traditional benefit programs do not reward executives with sufficient wealth building and protection opportunities.
Stock based reward structures have lost much of their attraction due to market volatility (and expensing).
Many companies, of all sizes, are turning to nonqualified benefit programs to overcome this retirement income gap and attract, retain and reward key executives.
Nonqualified plans are informally funded retirement benefit programs established exclusively for senior management and highly compensated employees.
Nonqualified plans are established pursuant to contractual agreement, which provides an unsecured economic benefit at some future date for current or future executive services.
Nonqualified plans are discriminatory by definition and thus allow companies to establish customized “golden handcuffs” and condition payment on other specific sponsor protective provisions.