Executive Benefits topics
6 market realities to consider for credit union leadership continuity
Workforce winds are changing on a dime, making the nuances of leadership continuity much more complex. This session will explore the talent trends that influence how credit unions recruit, reward and retain their top people. Attendees can walk away with a stronger understanding of the demands, motivations and stressors of today’s credit union employees, as well as several emerging best practices for creating a highly desirable working environment for the movement’s next generation of leaders.
Key Takeaway: Gain insights into how evolving workforce trends are reshaping the strategies for recruiting, rewarding, and retaining credit union leadership to ensure organizational continuity.
Overview of executive benefit plans
Using an executive benefit plan can help to recruit, reward, and retain top talent. This session will look at an overview of executive benefit programs, why to consider them and how they can help. Learn more about plan design considerations, due diligence and compliance. Included is a case study to demonstrate how executive benefit plans work.
Key Takeaway: Learn the significance of executive benefit plans in attracting and retaining top talent, including essential elements of plan design and compliance.
The personal financial journey of female leaders
Women in leadership boost productivity, enhance collaboration and improve fairness and belonging at work. Yet, certain business traits and tendencies may put female leaders behind when it comes to acquiring competitive compensation and planning their financial futures. In prioritizing her team, her members and her credit union, female credit union executives can neglect their own personal financial planning. Attendees of this session can walk away with a stronger understanding of the fears, perceptions and actions that can stand in female leaders’ way, as well as ideas for how to open new pathways on their journeys to financial freedom.
Key Takeaway: Understand the unique financial planning challenges and opportunities for female leaders in credit unions, emphasizing the need for tailored financial strategies.
Strategic giving: A natural advantage for credit unions
Develop a strategic and sustainable approach to supporting the communities you serve, including fundraising, employee participation and publicity. Learn how Charitable Donation Accounts (CDAs) can support your giving programs while expanding the range of NCUA-approved investment options available to your credit union.
Key Takeaway: Discover how Charitable Donation Accounts (CDAs) can enhance your credit union's community support efforts while also benefiting your financial strategy.
Leadership continuity: The split-dollar solution
Tailor your supplemental benefits to the specific needs of your executives based on amount, length of service, retirement, or other milestones. Understand how programs can be structured to maximize benefits to executives and your credit union and help your credit union avoid excise taxes.
Key Takeaway: Explore how split-dollar life insurance arrangements can be tailored to benefit both executives and the credit union, fostering long-term leadership stability.