RBC cees Online Services
RBC cees > Employee Benefit Plan Administration and Corporate Trustee Services > Deferred Compensation Plan Administration
Deferred compensation plans or structures are a key component of many employee benefits and executive compensation packages. In addition to acting as a recruitment and employee retention tool, they can be used for tax, retirement and/or estate planning, depending on the structure. The right plan can not only attract and reward key employees, but also improve employee commitment, motivation and productivity.
RBC cees provides administration for a diverse range of deferred bonus plans, linked to the needs of your business and the plan's beneficiaries. Plans are often serviced through an employee benefit trust (EBT), and typically hold a combination of equity, funds and cash investments. Benefits to your employees include investment flexibility and tax planning and deferral.
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