Nikki Kook – Marketing and New Business Make a plan for your large retirement payouts, such as stock awards and deferred compensation, at least one to two years before leaving…. Read more »
Our CEO had a heart attack…Now what?
With the recent news coverage of Oscar Munoz, the new chief executive officer of United Continental Holdings Inc. undergoing treatment at a Chicago hospital after suffering a heart attack, many… Read more »
Long-Term Care for Employed Spouses
Nikki Kook – Marketing and New Business You are the sole proprietor or partner of a business. Your spouse is a genuine employee of the business. A long-term care insurance… Read more »
Intentional Environment: (CAMELS Connections)
I get the privilege of traveling across the country every week calling on the great people in community banking. I have started to notice a direct correlation to the banks… Read more »
Nonqualified Deferred Compensation Section 409A Compliance
David Fritz – Managing Partner A Chief Counsel Advice Memorandum of the IRS advises that a pre-vesting plan correction will not “save” a nonqualified deferral plan’s failure to comply with… Read more »
Is Personal Communication Dead?
In today’s world of constant pressure for our time and attention has personal communication lost its value? There are over 380 influence attempts daily for the average person. It starts… Read more »
Banks Saving Tons of Money with this Idea
Most banks pay up to eight weeks of maternity benefit at 100% of salary. If the bank has a large female employee pool it might make sense to spread the… Read more »
Multiple Uses of Deferred Compensation Plans
With the improving economy, key employees that had been limited in other employment opportunities and resistant to look for new jobs are now willing to explore possible employment changes. Employers… Read more »
Designing a Customized Benefit Plan
The design features of an executive benefit plan can help drive bottom line performance and retention. Each person is different, and each person has a different idea as to what… Read more »
The Many Benefits of Corporate and Bank Owned Life Insurance (COLI / BOLI)
Companies use Corporate and Bank Owned Life Insurance (COLI / BOLI) to help fund their employee benefit plans, increase earnings and shareholder value as well as recruit, reward and retain… Read more »