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Employee Benefits Overview In order to remain competitive, as well as attract and retain top employees, employers are faced with the task of creating a winning compensation strategy that will not only accomplish these objectives, but will also stay in line with corporate budgeting constraints. It's a
fact that employee compensation is much more than just a salary. It can
encompass all the "perks," such as vacation and sick time,
company vehicles, corporate memberships, and a variety of benefit
options designed to provide employees and their families with, at a
minimum, health insurance and retirement income. While employers are
legally obligated to provide certain state and federally sponsored
benefits, the majority of employers also offer, and often contribute to,
additional employee benefits. Defined Benefit Pensions 401(k) Profit Sharing Dual or
Combination Plans Executive
Medical Employee Reimbursement Plans - MERPs Long-term Care Deferred Compensation | |
Employee Benefits Other Links
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Information is provided for review and consideration only. Please consult legal and tax advisors for practical advice pertaining to your business and personal situations. This page was last reviewed and/or updated on Friday, August 13, 2010 10:46 AM |
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