Keep Key Executives With Effective Compensation Strategies

(Riverwoods, ILL., April 14, 2000) – The secret to long-term success for many businesses is to keep a small group of key people on board, and that means offering them a compensation package emphasizing long-term rewards, according to CCH INCORPORATED (CCH), a leading provider of human resources and compensation law information and software. To help human resources and compensation specialists craft such packages, CCH is now offering Retain Key Executives: Enhance Your Nonqualified Benefit Plans, a loose-leaf resource for designing and administering competitive executive compensation programs. (To order, call 800-449-9525, contact your local CCH representative at 888-224-7377 or visit the CCH Human Resources web site at http://hr.cch.com.)

The new reference thoroughly explores the major types of plans for gaining long-term commitments from crucial members of management: nonqualified deferred compensation plans, supplemental executive retirement plans, split-dollar plans, death benefit only plans and nonqualified benefit swaps.

"Retain Key Executives won’t waste your time, or your company’s money. It provides focused, practical guidance on putting together effective plans to reward and retain the players you need to drive results and meet corporate objectives," said book author and nationally known compensation expert William L. MacDonald. MacDonald is Chairman of the Board, President and Chief Executive Officer of Compensation Resource Group, Inc. (CRG).

Covers Finance, Administration

Extensive coverage is also given to the crucial financial and administrative details of maintaining nonqualified plans, such as accounting requirements, funding benefit liabilities and securing benefits through rabbi trusts and other arrangements, meeting the requirements of the Securities and Exchange Commission and nonqualified plan administration

Designed to meet the needs of front-line human resources professionals, Retain Key Executives is filled with the sample letters, plans, forms, agreements, questionnaires and other documents they need for day-to-day plan administration. Included are:

A model letter to the DOL after the adoption of a plan
Deferred compensation plan master plan document
Model deferred compensation plan election form
Master plan design questionnaire
SERP master plan document
SERP agreement and distribution election form
SERP design questionnaire
Split dollar life insurance agreement
Executive survivor benefit plan/death benefit only plan documents
Executive estate protection plan (EEPP) documents

Keeping Current

To ensure that plans will conform to the most current laws and rulings and reflect state-of-the art compensation strategies and new insights, Retain Key Executives is updated quarterly in print.

About the Author

Author William L. MacDonald is Founder, Chairman of the Board, President and Chief Executive Officer of Compensation Resource Group, Inc. (CRG), one of the country’s pre-eminent national executive compensation and benefits consulting firms. CRG works with large public and privately held corporations to design, fund, implement and administer benefits and compensation packages for senior management and boards of directors. Headquartered in Los Angeles, California, CRG has regional offices in Atlanta, Boston, Chicago, Cleveland, Dallas, Miami, New York, Phoenix, and San Francisco.

Prior to founding CRG in 1978, MacDonald was also the founder and director of the Merrill Lynch Executive Compensation Division. He is a frequent lecturer and a well-known author on executive compensation and benefits planning.

Availability and Pricing

For more information or to subscribe to Retain Key Executives, call 800-449-9525 or contact your local CCH representative at 888-CCH-REPS (888-224-7377). A one-year subscription to the loose-leaf resource is $249 plus applicable tax, shipping and handling.

About CCH INCORPORATED

CCH INCORPORATED, headquartered in Riverwoods, Ill., was founded in 1913 and has served four generations of business professionals and their clients. The company produces more than 700 electronic and print products for the tax, legal, securities, insurance, human resources, health care and small business markets. CCH is a wholly owned subsidiary of Wolters Kluwer U.S. The CCH web site can be accessed at www.cch.com. The CCH Human Resources group web site can be accessed at http://hr.cch.com.

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