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Whether the mission is to address an unfunded liability or design a nonqualified benefit plan, expect a disciplined, integrated approach that is client-comfortable, respectful of time, and fulfills the need for communication, education and knowledge. Clark consultants follow a consistent process to yield desired results:
- Identify corporate objectives, engage input, understand current challenges
- Design initial plan for review and comment
- Analyze financing and tax issues for recommendation
- Determine benefit security and level of protection required
- Finalize benefit plan
- Implement and strengthen with corporate-wide communication and enrollment
- Establish administrative system, recordkeeping, client services and support
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