Executive retirement benefits are a key component of attracting and retaining top talent. Continually assessing the elements of your executive retirement program, to ensure they achieve an appropriate balance that is responsible and does not create undue risk, is important.
In order to better understand how your executive retirement and deferred compensation plans compare to the market, Mercer maintains the Executive and Broad-based Employee Retirement Tool (EBeRT) which has current and historical data on all types of retirement plans, benefits levels, and plan features. Using this data in combination with Mercer's consulting expertise, we can help you make decisions with confidence for your employees.
Results can be utilized to:
- Benchmark retirement benefits against competitive practice.
- Assess reasonableness.
- Understand value.
- Identify features/designs that are not aligned with market practice or business objectives.
As a national practice for more than 30 years, Mercer's Executive Benefits Group provides consulting services focused on the benchmarking, design, financing, administration, and regulatory compliance of executive benefits plans. For more information on Mercer retirement services or advice on getting started, please contact: