Executive Benefits
What are Executive Benefits?
Executive benefits are a thoughtful and strategic approach to creating attractive packages for key personnel. Not just for executives, these programs are structured to provide sufficient income protection and retirement savings for employees earning above the group or qualified plan limits. These customized plans can also help preserve and grow their income and wealth for years. From individual life and disability plans to supplemental retirement plans, key employees can benefit greatly from these innovative solutions designed specifically with their unique needs in mind.
Executive benefits provide peace of mind to your colleagues leading the charge to deliver results and drive growth. They combat reverse-discrimination effects for key decision-makers and incentivize their continued commitment to the organization. Ultimately, the strategic use of executive benefits can result in positive outcomes for the organization and its top-performing employees.
Why are Executive Benefits Important?
High-performing employees are the backbone of any successful company. However, group benefit plans often leave them underinsured, while retirement plans leave them with insufficient savings. That is why executive benefits complement the existing group and qualified retirement plans, ensuring key employees’ income and savings remain protected and preserved. Additionally, these packages are a powerful motivator in attracting, recruiting and retaining top-tier talent, which is essential for long-term success. Companies that offer attractive executive benefits packages demonstrate their commitment to their employees’ financial wellbeing and recognize their invaluable contributions to the organization’s growth. High performers, in turn, feel valued and respected, fostering a sense of loyalty and dedication, further accelerating growth and success.
Investing in the best sets a path for professional and financial victories. Executive benefits are an important investment in the long-term success of any organization. In today’s job market, executive benefits aren’t just important – they’re essential.
220K
Our executive benefits solutions cover over 200,000 key employees.
What do Executive Benefits Cover?
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Life and Disability
Executive life solutions, individual disability insurance and Lloyd’s of London Life and Disability Coverage
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Retirement
Deferred compensation, supplemental executive retirement plans, after-tax life insurance, after-tax life insurance with leverage and split-dollar life
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Long-Term Care
Hybrid life/long-term care solution
How Aon Can Help
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Dedicated Executive Benefits Team
We are focused exclusively on benefit programs for highly compensated employees. We have dedicated subject matter experts that work together to provide consulting, implementation and ongoing administration services.
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White-Glove Participant Support
Our team provides a concierge-level employee experience from enrollment through the plan’s life cycle.
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Implementing and Managing Benefit Plan
Given our status as one of the world’s largest insurance brokers, our carrier relationships benefit you and your team on multiple levels. This facilitates the offers from carriers and enables effective management of benefit plans, including swift resolution of any unexpected issues.
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Transparency
We are committed to full compensation disclosure.
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Commitment to Excellence
We promise to always bring the best of our firm to meet your needs.
100+
With an average of 15 years of experience, Aon has over 100 professionals with expertise in tax, accounting, law, actuarial science and finance. Team members hold more than 50 professional designations in these fields, and leaders of the practice are nationally recognized in many specialty areas.