August 15, 2019
In today’s competitive business environment, privately held companies face significant challenges in retaining current executives. Why is executive retention important?
Paying annual bonuses may not keep the executives around after the bonus is paid. Should executives be rewarded if the employer is not doing well? How can employers attract and retain key executives while creating a system that will reward them if the company is profitable?
Please join Ted Ginsburg, CPA, JD, principal with Skoda Minotti and Terry Bork, CLU, ChFC, president of Aurum Insurance Services as they discuss the concept, operations and funding methods related to non-qualified deferred compensation (NQDC) programs. The discussion will focus on how these types of programs, which are almost universally used by publicly traded companies, can be used by privately held companies—and why they can make economic sense for employers and executives.
For more information about this event, click here.
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