Our CompensationDesignTM Program 

The single most predominant reason for employee dissatisfaction and turnover is compensation and benefits. Yet most privately held companies never take the time to undertake a comprehensive analysis of their compensation and benefit programs.

 

Our approach is to help advisors evaluate their client’s company compensation and benefits packages. We assist companies in either spending allotted employee expense dollars more wisely or spending less.

 

Services Provided

   •Analyze present benefits and costs versus company objectives.

   •Evaluate alternatives.

   •Make specific recommendations.

   •Assist in the implementation of the recommendations agreed upon.

   •Constant updates regarding ever-changing compensation issues.

  

CompensationDesignTM Tools

 

I.  FRINGE BENEFITS

 

Medical Coverages

Disability Coverages

Educational Assistance

Medical Expense Reimbursement

Achievement Awards

 - Performance, Length of Service, Safety

The Leveraged EmployeeLoanTM Program

 

Dental and Vision Care

Group Carve-Out Plans

Executive Bonus and Split Dollar Plans

Cafeteria Plans

Sick, Personal and Vacation Pay Plans

Spending Accounts  

Dependent Care

II.  CASH COMPENSATION

 

Salary and Wages

Deferred Compensation

 

Cash and Non-Cash Bonuses

Employee Loans

 

III.  RETIREMENT BENEFITS

 

Money Purchase / Pension

SIMPLE Plans / SEP/ 457

 

The 412(i)LincTM Program

Profit Sharing / 401k & 401A Plans

- Age Weighted - Cross-Tested - Integrated

 

V. Ownership

 

The ESOP

Incentive Stock Option Plans

 

Restrictive Stock Option Plans

 

A Strategic Approach To

Tax-Qualified Retirement Planning

 

A Three Element Turn Key Process

 

 

 Study Present Benefits

 • Cost vs. Utilization?

 • Are present benefits accomplishing your objectives?

 • Are the proper employee groups covered

 • Employee Perception?

 • Cost Containment?

 

Key to tax planning:

Create tax-free cash flow

 Explore Unused Options

· Death Insurance

· Medical Reimbursement

· Pension/Profit Sharing

· Salary Continuation

· Deferred Compensation

· Leveraged Executive Loan

· Cars, Boats, etc…

· 162 Bonus

· Education

· Loans

· Achievement Awards Program

· 412(i)

 

The

CompensationDesignTM Pyramid

 

The Layers of Benefit & Tax Planning

 

 Listen

Design

Implement