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Executive and Director Benefits Consulting |
| Review and Renew: How Executive Benefit Plans Can Work Harder in 2010 |
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The 2010 Clark Consulting speaker series presents unique insights into important issues for community bankers. Presented in cooperation with more than 20 state banking associations, this information series will enlighten, and enliven your next discussion regarding executive compensation, and help community banks grow and sustain business by planning ahead for uncertainty, variability and contingency. |
To compete effectively in today's market, banks are embracing nonqualified benefit programs in an effort to attract, retain and reward top talent and achieve other key goals. For example, banks commonly use these programs to help restore benefits that would otherwise be lost under a qualified plan due to applicable IRS limitations; and, when combined with meaningful performance criteria, these programs can also serve as a powerful motivational tool for plan participants since any increases in plan benefits are tied to the attainment of organizational or individual objectives. In working with your bank, Clark Consulting will provide strategic and technical services to help identify the bank's objectives, evaluate and design an appropriate benefit program, and deliver the program effectively over the long term. Benefit programs include:
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Supplemental Executive Retirement Plans
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Executive Deferred and Variable Deferred Compensation Plans
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Performance-Driven Benefit Plans
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Supplemental Life Insurance Plans
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Phantom Stock Plans
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Director Retirement and Fee Deferral Plans
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Long-Term Care Plans
Financial institutions of any size seeking solutions to one or more of these fundamental benefit challenges: attracting and retaining management talent, creating management incentives, restoring shortfalls in existing retirement plans, upgrading director benefits.
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Supplements projected retirement benefit shortfalls generated by current qualified plans
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Provides meaningful incentives to attract, retain and reward executives and directors
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Supports strategic objectives when aligned with measurable benchmarks
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Offers tax-deferral of income
With over 40 offices nationwide, Clark Consulting offers a seamless approach—from design through implementation—that has helped over 2,400 banking organizations across the country recruit, retain and reward their best people. Moreover, Clark Consulting's in-house service support professionals offer practical assistance in responding to auditors and examiners, as well as timely, accurate documentation and regulatory compliance support. Serving the banking industry for over 25 years, Clark Consulting offers market-leading knowledge, technical expertise and practical experience that is unmatched in the industry.
PROGRAM CONTACTS
Clark Consulting
2100 Ross Avenue, Suite 2200
Dallas, TX 75201-7906
Tel: 800-999-3125
Web Site: http://www.clarkconsulting.com/
Securities products and services are offered through Clark Securities, Inc. dba CCFS, Inc. in Texas, 2100 Ross Avenue, Suite 2200, Dallas, TX 75201-7906, Phone: 800.999.3125, member FINRA & SIPC.
CAB CONTACT PERSONS
Monica Condon Tel: (202) 663-5475
Robin Gordon Tel: (202) 663-5098
Questions? Please contact Jackie Lucas for more information.