The result of inaccurate assumptions – Circle the wagons and say goodbye to retention value

In the fifth installment of Triscend’s “It’s Time to Modernize Executive Retirement Benefits” series, Victor Buzachero, Corporate Senior Vice President for Innovation, Human Resources and Performance Management at San Diego-based Scripps Health, discusses how the industry has recently responded to the pressure resulting from long-standing inaccurate assumptions.

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Rates of return, volatility and life expectancies have converged to create the perfect storm relative to executive retirement benefits, according to the article.

From Buzachero’s many discussions with leaders in the industry, he sees two disturbing trends:

1. Ignore the Outcome

2. Shorter Deferral Periods

These trends are disturbing due to the impact they will have on executive retention.

To read the article in full, click here.

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