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[Music] have you ever felt the pain of investing your time your energy and effort into training a valuable employee only to then have them leave or held multiple interviews with a critical new hire a cto a director of sales or a cfo that you thought was wrapped up was taking your offer and then it turns out they accepted an offer somewhere else if youve run into any of these scenarios then it may be time to revamp your compensation toolkit it may be time to consider a deferred compensation plan if implemented correctly a deferred compensation plan should affect your bottom line it should grow your company and it should make you money and more importantly it should allow you to keep key employees motivated and attract top talent so you might be wondering what is a deferred compensation plan it sounds fancy maybe even expensive but its actually quite straightforward its simply the promise to an employee that a bonus will be paid in the future subject to a certain goal now some of thes