Designing a compensation package for a company is a multi-faceted process. In this Whitepaper, we discuss the key components of an overall compensation package, determine the result of not providing… Read more »
Family-Owned and Closely-Held Retreat Reflections
Recently, David Fritz and Pat Marget were panelists at the Wisconsin Bankers and Illinois Bankers Association’s Family-Owned and Closely-Held Bank Strategic Retreat held in Madison, Wisconsin. The discussions with the… Read more »
Why Own Bank Owned Life Insurance (BOLI)?
Each year, there is an increasing amount of Bank Owned Life Insurance (BOLI) purchased in the United States. BOLI is life insurance owned by the bank and issued on the… Read more »
Factors in Choosing the Top-Hat Group
Determining Who is in the Select Group In today’s market there is a strong focus to recruit, retain and reward your key executives. To accomplish this, companies are implementing Top-Hat… Read more »
Salary Budget Predictions 2020
Reviewing Compensation Packages As the new year approaches, it is time for employers to consider salary increases for the 2020 year. The results produced by WorldatWork, an association of Total… Read more »
Bank Nonqualified Benefit Plan Study
2019 Compilation of Nonqualified Benefit Plans The goal of this study is to provide useful information to the banking community and to reflect common market practices pertaining to Nonqualified Benefit… Read more »
Fixed Rate Nonqualified Compensation Plan
Fixed Rate Nonqualified Compensation Plan As employers review their executive benefit packages in 2019, one old-fashioned plan design might come into vogue. That is the Fixed Rate Nonqualified Deferred Compensation… Read more »
The Role Life Insurance Plays in Business Planning
Being in a leadership or ownership role in a business is not an easy task, a lot of time and work goes into the roles necessary to lead the company. … Read more »
How to Choose the Select Group for a Top-Hat Plan
In today’s market there is a much stronger focus to recruit, retain and reward your key executives. It is important to ensure your executive’s goals are in line with the… Read more »
Video: Compensation Planning in Today’s Talent Market
How do banks attract young employees and retain key executives? David Fritz Jr. and Patrick Marget of Executive Benefits Network explain that bank compensation plans should appeal to multiple generations… Read more »