Session Presenters

Brad Burdick

Vice President, Business Development

NFP Executive Benefits

Ken Derks

Managing Consultant

NFP Corp.

Trey Deupree

Senior Consultant

NFP Executive Benefits

Breakout III: Overlooked Benefits That Can Help Banks Provide Incentives For Their Key People

Learn how to protect your most valuable employees by offering support that truly cares for your workforce. While the business disruption of losing one of your top-tier workers to injury, illness, or competition is difficult enough on its own, some benefits can leave a compensation gap for your high earners, undermining the welfare of your bank and leaving your affected executive out in the cold. Keeping your most important employees on staff is a different kind of risk management. Most compensation planning efforts ignore various compensation elements offered by the bank that can discriminate against the high wage earners. As part of the Compensation Committee’s responsibilities, they should be aware of the discriminated benefits and the overall loss of value to the executives. This session focuses on some of the overlooked benefits that can help banks provide the incentive their top employees need to stay.

Session Resources

  • Overlooked Benefits That Can Help Banks Provide Incentives For Their Key People
  • 3 Common Insurance Gaps at Banks