Market pressures and evolving executive demographics are rapidly changing the profile of leadership teams in health care and other not-for-profit organizations.
Integrated compensation and benefits programs are increasingly important as organizations look to more effectively drive performance. Competitive benefits packages are a critical component of leadership succession plans and significantly impact an organization’s ability to recruit and retain top talent – including executives, physicians, advanced practice providers and other employees.
SullivanCotter helps organizations design effective benefits solutions that are strategically-aligned with operational and performance goals. Guided by deep industry insight, proprietary survey data and a growing team of independent advisors, our unique view into and across the health care and not-for-profit industries enables us to take a more comprehensive approach to structuring competitive benefits packages.
Our comprehensive benefits services include:
Program Assessment
- Market competitiveness and alignment with philosophy
- Effectiveness and efficiency
- Optics
- Compliance
- Financial risks and tax implications
Plan Design and Redesign
- Program development, including deferred compensation, insurance arrangements, time off programs, perquisites and severance
- Transition strategies
Implementation
- Oversight
- Communications
- Plan document review
- Administrative support
Related Information
Learn how to design effective benefits solutions to strategically align with operational and performance goals.
Related Resources
INFOGRAPHIC | 2018 Benefits Practices in Hospitals and Health Systems Survey
View highlights from two different sections of SullivanCotter's 2018 Benefits Practices in Hospitals and Health Systems Survey, featuring data from more than 200 health care organizations.
Split-Dollar Life Insurance: Risks, Benefits and Key Considerations
With the onset of the Tax Cuts and Jobs Act, organizations are exploring more cost-effective ways to deliver executive compensation and benefits. With renewed industry interest in split-dollar life insurance programs, it is important to understand both the potential risks and rewards associated with such arrangements.