An embarrassment of riches, as the saying goes. That’s what the avalanche of excellent stories, publications, podcasts, YouTube videos and posts about ERISA, litigation and insurance issues looked like to me this week.
But for my own purposes (namely having time to do my work), this weekly post is limited to five of them, so
Deferred comp plans, or what to an ERISA lawyer is a top hat plan, have become widespread in recent years, used for a variety of purposes, from executive recruitment and retention to simply rewarding important executives at smaller employers who may lack other resources for doing so. But a story from the other day about
One of my partners, Mark Poerio, an expert on executive compensation, has written a client alert discussing what companies can consider doing proactively to encourage executives to stick around rather than move onto greener pastures. In short, they are all different ways to make the current position “greener,” so to speak, than competing pastures.