Policy loans

Key Employee Compensation 101- Favorable Economic Conditions Make Effective Key Employee Compensation Programs Critical.

Topics: COLI/BOLI, General life insurance, Policy loans

Effective key employee compensation programs serve a myriad of functions, such as recruitment, motivation, performance recognition, retention, alignment with shareholder interests, and succession planning. Program design options and benefits are voluminous and provide employers with extensive flexibility to meet the specific desires and needs of both the employer and the employees.