Compensation Arrangements

Frost Brown Todd's executive compensation practice offers practical legal advice to taxable and tax exempt health care organizations regarding executive compensation, enabling clients to reward and retain top performing executives. We strive to achieve our clients' business objectives while minimizing legal risk and tax burdens. Our executive compensation attorneys have extensive experience designing and implementing a wide array of short-term and long-term executive compensation plans. Since 2005, tax laws have significantly changed regarding deferred compensation plans for both taxable and tax exempt health care organizations, and 2009 is expected to bring additional changes for deferred compensation plans of tax exempt entities. We have assisted a large number of our clients with review and amendments to deferred compensation plans and agreements to insure compliance with these new rules. Often, as part of legal updates like this review, we assist with an evaluation of whether the plans design continues to meet the client's needs and restructuring or replacing plans where appropriate.

Competition among employers in the health care arena to attract the best and brightest talent remains strong, even in this period of economic turbulence. Frost Brown Todd regularly advises employers regarding general employee benefits. Employees now place a premium on retirement health and other benefits, and those packages are some of the most highly regulated aspects of the employment relationship. In this competitive climate, employers need counsel with the background, resources, skills and savvy to develop successful benefits plans and to have answers from questions arise.