top of page

Utilize Premium Financing for
Employee Recruitment & Retention

Loyalty isn’t always enough in the business world. Offers come and offers go. Sometimes key people go with them. You can try to incentivize employees with enticing benefits, crossing your fingers that they won’t leave for perceived greener pastures. Or you can offer them a one-of-a-kind retirement package.

Employee Retention from Granite Financial is a benefit your employees won’t find anywhere else. Because it’s an off-cycle benefit, you can offer it to your employees at any time during the year. With tax-free withdrawals and no premium checks, this retirement package presents high-value benefits for your high-value employees. Tied to market gains, our cash value crediting methodology presents upside potential with downside protection that halts decreasing market returns at 0%. So your offering is safe from market losses.

"Every great company must find new and creative ways

of re-recruiting their top performers."

-- Malcolm Moore, EE Retention Expert --

 

Your business relies on the people you’ve invested time and money into. If they abandon your organization, you lose that investment. Give them a reason to stay. Give them a unique retirement. Offer your key employees our retirement strategy as a way to finance their future, a future at your company.

The #1 Fear of most Americans is not death ...
it's running out of money in retirement!

Example #1

Meet Ken - Ken is a Chief Marketing Officer at a mid-size manufacturer. He is 45 years old, in good health, and makes $250,000 annually. His company, in an effort to retain top talent, offers him the following "Golden Handcuffs": A tax-free income of several $100,000s annually and a multi-million dollar tax-free death benefit payable to his heirs.

 

Assuming Ken works until age 65 and dies at 85, he and his heirs could receive*:

  • $242,000/year of tax-free income

    • $242K/yr * 20 yrs = $4.84 Million (tax free)​

  • A tax-free net death benefit of over $8 Million

 

* These numbers are non-guaranteed, and are for illustrative purposes only.

 

These attractive benefits are the result of our Enhanced Premium Financing, and were generated with no money out of the employee's pocket and little to no money out of the employer's pocket.

Example #2

Meet Maggie - Maggie is a Project Manager at a tech company. She is 40 years old and makes $125,000 annually. Her company, in an effort to retain top talent, offers her the following "Golden Handcuffs": A tax-free income of $100,000+ annually and a multi-million dollar tax-free death benefit payable to her heirs.

 

Assuming Maggie works until age 65 and dies at 85, she and her heirs could receive*:

  • $188,000/year of tax-free income

    • $188K/yr * 20 yrs = $3.76 Million (tax free)​

  • A tax-free net death benefit of over $5 Million

 

* These numbers are non-guaranteed, and are for illustrative purposes only.

 

These attractive benefits are the result of our Enhanced Premium Financing, and were generated with no money out of the employee's pocket and little to no money out of the employer's pocket.

© Copyright 2019-24 by Granite Financial Group. All rights reserved.

bottom of page