More and more, associations are vying for senior management talent on a national basis within non-profit and for-profit businesses alike. In this competitive environment, executive benefits, particularly non-qualified benefits, are increasing in prevalence and becoming an integral part of a total compensation package. As a result, associations should become familiar with the available plan types and how those plans can be used strategically to attract and retain senior leadership.
Although many are not aware of plan alternatives, but it takes guidance and expertise to fully evaluate these options and make the optimal choice for their leadership, stakeholders, and the organization. In this webinar, we will describe each plan type in detail and the factors of which it is essential to be mindful. You will learn:
- the definition of qualified and non-qualified plans, including associated projections, risks, and performance monitoring
- the concepts of retirement building blocks and income replacement
- the types, economics, and key plan assumptions and considerations