Yesterday, we looked at the AESC BlueSteps Executive Compensation Report, which revealed that executive compensation is on the rise. Today, we turn to smart drafting of executives’ contracts.
Tag: Internal Revenue Code
These days many people live well into their eighties, and some make it into their nineties. That means that many of your employees can expect to live 20 or more years in retirement. Financial experts say that to live comfortably during retirement, a person needs about 80 percent of his or her current wages. Social […]
Section 403(b) of the Internal Revenue Code is undergoing its most significant changes in decades. The IRS has issued final regulations for retirement plans governed by Section 403(b) and maintained by nonprofit and tax-exempt organizations and public schools for their employees’ benefit. The plans may be funded through annuity contracts issued by an insurance company, […]
President Bush has signed the Working Families Tax Relief Act of 2004 and the American Jobs Creation Act of 2004, both of which make important tax changes employers need to keep in mind.
Supplementing your regular workforce with staff provided by an employee leasing company has become an increasingly popular way to keep administrative and benefit costs down and maintain labor flexibility. Many who use leased workers and long-term agency temps consider themselves immune from the risky misclassification problems that have plagued employers who use independent contractors. But […]