Many business owners believe that all employees must have the same benefits.
This simply is not true. One of the more unique ways to attract and retain key long-term employees is thru offering
a "Non-Qualified Deferred Compensation Package".
This approach is also known as the "golden handcuff approach". This can be one of the most effective ways to maintain long term relationships with "key employees/executives". Essentially you're foregoing income taxation today and rewarding performance and longevity
with substantial tax favored benefits at a later time, perhaps during retirement years. Some of the most effective tools used
thru strategic planning are Key Person Life Insurance, Life Comp, Non-Qualified Retirement or Supplemental Retirement Plans.
Innovative Benefit Services, Inc. & David Cobb have spent years helping
businesses entice and retain "key employees/executives" thru non-qualified deferred compensation planning. We would welcome the
opportunity to help you customize a "non-qualified" executive package to help your company attract and/or retain its most valued employees.
The following are samples some of the plans that may be most effective for your business and key employees:
Key Person Life Insurance
Non-Qualified Retirement Plans
Supplemental Retirement Plans
Life Comp
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