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Reward  Option 

​The first option for many employers to consider when looking to create a plan that keeps their employees and top executives happy, is a Reward Program. A reward program can help an employer stay competitive in today’s challenging marketplace, as employees and executives are beginning to demand more than a traditional salary alone. This program can also allow an employer to “share” the growth of the company with the executive without necessarily giving them company stock. Using something other than company stock to share the growth prevents shareholder dilution from occurring, something that can be challenging to avoid when using a typical stock-based reward. While employees and executives may appreciate the benefits offered by this program, it does little to encourage long-term retention as most rewards are paid currently.

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LEGATUS MEMORIA 
Dr. Rev. Mark Gurley, CLU, ChFC, CLTC, CAP, MDiv, Mmin
333 Bridge Street NW
Suite 1200

Grand Rapids, MI 49504
​[email protected]

616.233.2005


This presentation does not contain legal or tax advice. It is intended solely for the information and education of  customers and their legal or tax advisors. It is not intended to be used and cannot be used to avoid any federal tax penalties that may be imposed on a taxpayer.  Taxpayers should seek advice from their own legal, accounting or tax advisors. Tax and other planning developments after the original date of presentation may affect these discussions.  Legatus Memoria® and The Legacy Life Executive Benefit® are trademarked for presentations and discussions for implementing a philanthropic benefit utilizing corporate owned life insurance (COLI) and bank owned life insurance (BOLI).  These trademarks are owned exclusively by Mark L. Gurley and are not in any way affiliate with Northwestern Mutual and/or its subsidiaries.  
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