Listen On:
Key Takeaways:
- [03:50] With the merger of a smaller credit union into a larger one you are really only dealing with integrating staff into the larger credit union.
- [05:53] When working with a merger of equals we start with a deep dive into the executive compensation and benefits of each organization.
- [09:09] If your current executive benefits provider doesn’t conduct regular plan evaluations, consider having a plan audit anyway.
- [13:46] Don’t overpay for these things if you don’t have to. When you have more options available that means the cost is more appropriate.
- [17:11] It is in a unified organization’s best interest to do tier timelines where we look at your top executives who are critical to the unified organization’s success today and then slowly add in the next levels.