It’s the worst! Your project has developed to the point where you’re about to build the working model and file the application for a patent or FDA approval. The scientist who is heading the project walks into your office and tells you she or he is leaving for another position at the company a half mile down the road. He or she has led a small team and doesn’t have a back-up.
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Don’t Let ‘em Get Away – Retention Programs That Keep Them on The Job
Posted by Barry Koslow on Tue, May, 29, 2018
Tags: Compensation, Executive Compensation, Supplemental Compensation Plans, Key Employee Retention
After Tax Plans: An Alternative to Deferred Compensation Plans
Posted by Barry Koslow on Fri, Mar, 24, 2017
After tax supplemental compensation plans funded with life insurance offer a hybrid arrangement that reduces the complexity and expense associated with non-qualified deferred compensation plan. These plans are a great benefit for a company to offer to non-owner key executives to retain and reward them for their valuable services. They are especially attractive in pass through entities such as Subchapter S corporations and tax exempt organizations.
Read MoreTags: Life Insurance, Deferred Compensation Plans, Executive Compensation, Supplemental Compensation Plans, After Tax Plans