Recruit and retain top talent with smart executive compensation strategies.
Plan for your business’s long-term goals
With salaries being so competitive, supplemental plans that offer long-term financial incentives have become a key component in many compensation and benefit programs. Employees can receive various forms of executive compensation in return for their promise to remain with the company.
We offer you:
- Supplemental Executive Compensation: A business agreement that provides defined contributions or future benefits when specific conditions are met. An employer-funded retirement benefit to reward and retain highly compensated key executives. A supplemental executive retirement plan (SERP) is an employer-sponsored non-qualified deferred compensation plan. A SERP is financed solely through employer contributions
- Deferred Compensation: This nonqualified plan provides compensation to key employees or executives through a life insurance policy with benefits and income taxes deferred until retirement
- Non-qualified deferred compensation plans are offered to executives and key employees. There are no limits on contributions, and these plans allow the company to postpone payment of some pay while giving the recipient a way to save more for retirement that a qualified plan.
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First Hawaiian Bank’s Wealth Management Group provides investment advice and financial products and services through First Hawaiian Bank. First Hawaiian Bank does not provide tax or legal advice.
|Investments, annuity, and insurance products are:
NOT INSURED BY FDIC OR ANY GOVERNMENT AGENCY • MAY LOSE VALUE • NOT A DEPOSIT • NOT GUARANTEED BY FIRST HAWAIIAN BANK
|The insurance and annuity products are obligations of the insurance company and (i) are not insured by the FDIC or any other agency of the United States; and (ii) are not deposits or other obligations of, or guaranteed or insured by, First Hawaiian Bank or any of its affiliates. For certain cash value life insurance products there is investment risk, including the possible loss of value.