Executive Benefits: Identifying and Managing Risks 

Sponsored by The Sheeter Group

 

Jennifer Jackson, EVP, Executive Benefits, The Sheeter Group 

Jay Petty, EVP, Executive Benefits, The Sheeter Group 

 

 

Using executive benefits to retain key leaders and drive performance is a strategic priority for any credit union. The challenge is how those executive benefits are designed and what vehicle is used to fund the benefit expense. Each provider has a different philosophy on benefit designs, funding vehicles, and servicing your portfolio. Ask each provider the same question, and you’ll get very different answers. This session looks at the various risks involved with key decisions, how to mitigate the impact to the credit union and the executive, and what vetting is necessary in selecting your benefits provider. 

​

Takeaways include: 

• Pitfalls to avoid (or manage) 

• What level of risk is appropriate 

• How risk levels change over time 

• Due diligence in selecting a provider