In today’s competitive job market, keeping your best people on your team isn’t always easy. High-performing employees and executives are the backbone of a business—and when they leave, the impact can be felt across the entire organization. From strained company culture to losing important client relationships, the cost of turnover is significant.
That’s where Executive Bonus Plans come in.
An Executive Bonus Plan is a specialized benefit strategy that allows businesses to reward and retain top talent without having to roll it out to the entire workforce. This flexibility makes it especially valuable when you want to provide an exclusive perk to owners, executives, or other key contributors.
These plans are funded with life insurance, offering two major advantages:
Family Protection: Life insurance provides financial security to the employee’s loved ones.
Long-Term Value: Over time, the policy can build cash value that may be accessed in the future, even as a supplement to retirement income.
By offering an Executive Bonus Plan, you’re doing more than just providing another benefit—you’re giving your most important team members a reason to stay and grow with your company. For employees, it’s a meaningful reward that blends protection with financial opportunity. For employers, it’s a smart way to strengthen loyalty, reduce turnover, and protect the long-term health of the business.
At Southern Benefit Group, we design benefit solutions tailored to your company’s needs—helping you keep your top performers engaged and committed for the long run.