Compensation strategy is about more than rewarding employees. For mortgage lenders, it can influence ownership structures, tax outcomes, long-term incentives, and the ability to attract and retain key talent.
In Episode 1 of Richey May’s new Tax Compensation Strategies for Mortgage Lenders series, Kenny Burch and Gina Jackson explore several compensation approaches commonly used by growing organizations, including stock options, restricted stock, partnership interests, and nonqualified deferred compensation plans. The discussion focuses on the tax implications, planning opportunities, and business considerations leaders should evaluate before implementing these strategies. Whether you’re evaluating ways to incentivize future growth, reward high-performing employees, or align compensation with long-term business objectives, understanding the tax impact of each approach is critical to making informed decisions.
For more information on how to attract and retain top talent, read this blog.
Coming Soon: Episode 2, Prepaid Bonuses & Loans. We’ll examine additional tax-efficient compensation and incentive planning strategies for mortgage lenders, including the business case, pros and cons, tax and payroll treatment, forgivable loan risk, clawbacks, and make-whole arrangements. Don’t miss it!
