Trevor Patching - Employee Retention Part #3: How to Fund the Commitment

You already learned why retention is so important and how to implement the stickiest plans to make it happen in parts one and two. Now it's time to find out your options to fund that commitment. 

In this episode, in the third and last part of this series on employee retention with Trevor Patching, you'll learn the best options to fund your retention plans and how to recognize the right approach based on your company's size and projection. 

Listen to episode 36 of On Life With Helen and find out why most companies fund their retention plans with life insurance, how they manage to get back every dollar and some profit, and why you should consider having multiple policies as an asset. Trevor also explains why there is no one-size-fits-all solution for companies, the magical advantages of premium financing, the best moment to get premium financing, and much more. 

In This Episode, You Will Learn:

Why is life insurance the preferred vehicle to fund retention plans for most companies (3:08)How most life insurances work and why they are so helpful (4:48)A bit about other funding strategies (11:12)What is premium financing, and how it works (16:27)There is no one-size-fits-all solution (22:09)

Connect with Trevor:

WebsiteEmail: [email protected]: 561-523-3947

Let's Connect!

EmailLinkedInWebsite - Ornellas InsuranceFacebook Page - Ornellas & associates insurance servicesFacebook Profile Helen Ornellas Lanham

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