by Feminella, Amy | Feb 20, 2022 | Bank advisors, Compensation Advisors, Insights
A lifetime income non-qualified solution, more commonly referred to as LINQS+, is Newcleus’ proprietary innovation to the traditional supplemental executive retirement plan (SERP) product; which is a form of deferred compensation. The fact that LINQS+ is proprietary...
by Feminella, Amy | Oct 24, 2021 | Bank advisors, Compensation Advisors, Insights
In 2016, Bank Director conducted research about the retention rates of different generations within the banking space. They found that only two-thirds of banks surveyed were actively trying to attract millennials as employees at the time. However, out of those...
by Feminella, Amy | Sep 26, 2021 | Bank advisors, Compensation Advisors, Insights, News
Key Points Supplemental executive retirement plans, commonly referred to as SERPs, are valuable compensation tools that organizations can use to attract and retain executive talent. Today, the majority of non-qualified deferred compensation plans (56.1%) being...
by Feminella, Amy | Sep 12, 2021 | Bank advisors, Compensation Advisors, Insights, News
Key Points When it comes to a key executive’s retirement income, well-planned compensation ensures that they don’t put all their eggs in one basket. Bank‑Owned Life Insurance (BOLI) is one way to diversify retirement income. BOLI creates a tax-advantaged increase in...
