Do your key employees feel rewarded and appreciated? That can be an important factor in employee retention. As a decision-maker, you can implement several insurance-based strategies to show key players that you recognize their value.
Some of the plans focus on retirement planning, while others may involve succession planning. The most typical strategies include:
Executive bonus plans
Nonqualified deferred compensation
Key person life insurance
The Nationwide Corporate Incentive Program®
An investment in your people is an investment in your company.
Not a deposit • Not FDIC or NCUSIF insured• Not guaranteed by the institution • Not insured by any federal government agency • May lose value
Life insurance products are issued by Nationwide Life Insurance Company or Nationwide Life and Annuity Life Insurance Company, Columbus, Ohio.