
July 12th, 2022
The Era of Great Resignation and Solutions To Help Retain, Reward and Recruit Key Employees
One concern for many small businesses is how to retain their key employees. To help solve this problem, business owners may turn to different types of non-qualified deferred compensation plans. These plans can often be tailored to the needs of both the business and its key employees to provide benefits that tie the employee to the business.
Here are some great resources to start the conversation with business owners:
Non-Qualified Deferred Compensation Client Guide
This easy matrix allows you to quickly review the various options that are available. A great piece to start reviewing scenarios, and one that can and should be shared with clients’ attorneys, CPAs and other financial professionals.
Planning in Action: Surfin’ with SERPS
The Planning in Action series highlights some of the recent cases we are seeing here in Advanced Markets. This installment is dedicated to navigating the waves of the uncertain labor market and how Advanced Markets consultants were able to help tailor this case to the needs of the client.