Newport/PLANSPONSOR Survey Shows NQDC Plans Effective for Executive Talent Attraction and Retention
A survey conducted by Newport in partnership with PLANSPONSOR reveals that over 80% of employers view non-qualified deferred compensation (NQDC) plans as effective tools for attracting and retaining executive talent. The report, released by Ascensus, highlights how NQDC plans are increasingly seen as part of broader financial wellness strategies amid growing complexity in retirement planning for highly compensated employees. The survey also found that 84% of employers expect artificial intelligence (AI) to improve decision-making processes such as deferral modeling. Employers recognize the value of AI-driven tools in personalizing support and enhancing NQDC plan effectiveness. Additionally, more than 90% of sponsors emphasize the importance of providers with specialized expertise in managing these plans. The report underscores a shift toward viewing executive financial confidence as an investment for long-term business success. Employers are integrating benefits beyond salary and equity to differentiate their offerings and strengthen retention strategies.
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Topics: AI executive benefits NQDC plans retirement planning talent strategy