Effective Ways to Retain and Reward Talent

Debbie J. Hilton, SPHR, and Brian Kidwell, SPHR, Executive Vice Presidents

95% of credit unions use a SERP to retain executives, yet many plans are built on outdated assumptions. Debbie Hilton and Brian Kidwell show how to design a SERP that keeps your best people.

They cover interim and strategically timed payouts instead of the "gold watch" model, flexible designs that survive a CEO transition, "for cause" language that holds up, and the warning signs that your plan needs a fresh look, illustrated with a real credit union case study.