An overview of 501(c)(9) section of the Internal Revenue Code, where Voluntary Employees' Beneficiary Associations (VEBAs) qualify for tax-exempt status.
A comprehensive guide to Accrued Benefits, focusing on defined-benefit pension schemes, calculation methods, accounting standards, and key considerations.
A comprehensive overview of accumulated benefits, their historical context, types, key events, explanations, importance, applicability, examples, considerations, related terms, comparisons, interesting facts, FAQs, references, and summary.
Detailed explanation and analysis of accumulating compensated absences, its types, importance, and related financial implications.
An in-depth exploration of the concept of accumulating leave, which allows employees to carry over unused leave from one year to the next.
An in-depth exploration of acquired rights, their historical context, categories, key events, applications in law, related terms, comparisons, and significant FAQs.
Additional Voluntary Contribution (AVC) refers to extra payments that employees can make to their pension scheme to boost the benefits they receive upon retirement. These contributions can be directed towards either the pension payable or a tax-free lump sum.
A detailed exploration of allowances in various contexts, including invoices, employee expenses, and tax deductions.
Annual leave is paid time off from work that is provided to employees as part of their employment terms. This Encyclopedia article covers the historical context, types, key events, explanations, and much more about annual leave.
Auto-enrolment is the process of automatically enrolling employees into a pension scheme, ensuring wider participation and future financial security.
Auto-Enrolment is a system where employers automatically enroll employees into a pension scheme, ensuring that more people save for retirement.
Autonomous Pension Funds are established by employers, or jointly by employers and employees, to provide pensions for specific groups of employees, ensuring financial security in retirement.
A comprehensive guide to understanding Benefits in Kind, non-cash benefits provided to employees, and their taxation implications.
A comprehensive outline of benefit plans, detailing the variety of benefits provided to employees including health insurance, retirement savings, and others.
A collection of non-wage compensations provided to employees in addition to their normal wages or salaries.
A comprehensive coverage of Bereavement Leave, its historical context, importance, key events, legal aspects, and applicable considerations for both employers and employees.
Comprehensive guide to understanding bronze parachutes, their historical context, key events, formulas, importance, and applicability in business practices.
An in-depth look at cafeteria plans, an employee benefits arrangement in the USA, including their history, types, key events, and much more.
Cliff Vesting is a type of vesting schedule in which employees receive full ownership of certain benefits or assets all at once, at a specific time.
COBRA is a federal law that allows employees to continue their ESI coverage for a limited period after leaving employment.
An exploration of compensated absences, their types, accounting treatments, and implications for employees and employers.
Compensation bands are broader categories that encompass multiple pay grades, allowing for flexible compensation structures within organizations.
A comprehensive overview of Compensation Management, focusing on strategic planning and administration of employee compensation.
A detailed exploration of Deferred Profit Sharing Plans (DPSPs), their types, importance, applicability, and related financial concepts.
Defined Benefit Pension Plans promise a specified monthly benefit upon retirement, providing financial security to retirees.
A Defined Benefit Plan (DB Plan) provides a guaranteed retirement benefit based on an employee's salary and years of service. This type of pension plan offers a predictable income stream for retirees.
Pension plans where the benefits are calculated based on factors like salary history and duration of employment. Plans that promise a specified monthly benefit at retirement, often based on salary and years of service.
A Defined Contribution Plan is a retirement plan where the contributions by both the employee and employer are predefined, but the future retirement benefits vary based on investment performance.
A comprehensive look into Defined Contribution Schemes, including historical context, types, key events, explanations, mathematical models, and real-world applicability.
A comprehensive overview of Directors or Higher-Paid Employees under UK tax law, including definitions, historical context, types of benefits, compliance requirements, and important considerations for employers.
An in-depth exploration of Disability Leave, including its historical context, types, key events, explanations, applicability, examples, related terms, and more.
Earned Wage Access (EWA) allows employees to access a portion of their earned wages anytime before payday through third-party services. This article provides historical context, types, key events, detailed explanations, and more.
Comprehensive insight into Emergency Leave, a short-term leave provided for sudden personal or family crises, including historical context, key events, types, and applicability.
Employee matching refers to the practice where employers contribute to employees' savings plans, typically matching the employee's contributions up to a certain percentage.
An in-depth guide to understanding Employee Stock Option Plans, their historical context, types, benefits, challenges, and their importance in modern corporate structures.
Employee Stock Options (ESO) are a form of equity compensation granted by companies to their employees. These options give employees the right to buy shares of the company at a fixed price after a certain period.
An in-depth exploration of Employee Value Proposition (EVP), its components, significance, and implementation strategies.
Employer Contributions refer to the amounts paid by an employer towards the employee benefit plans, encompassing various forms of insurance, retirement funds, and other employee welfare programs.
Employer match refers to contributions made by an employer to an employee's retirement plan, matching the employee's elective deferrals up to a certain percentage. It is a common feature in retirement savings plans such as 401(k)s.
Employer matching contributions are additional funds contributed by an employer to an employee's retirement plan, designed to match the amount the employee saves.
A comprehensive look at Employer-Sponsored Insurance (ESI), including historical context, types, key events, explanations, models, importance, examples, considerations, related terms, and more.
Detailed explanation of Employer-Sponsored Insurance, types, benefits, examples, historical context, and relevant FAQs.
Health insurance provided by an employer, including historical context, types, key events, detailed explanations, formulas, charts, importance, applicability, examples, considerations, related terms, comparisons, facts, stories, quotes, FAQs, and references.
An in-depth look at various non-wage compensations offered to employees, including health insurance, retirement plans, and more.
A comprehensive and detailed overview of the term Equivalent Position, including its definition, applicability, historical context, and FAQs.
The Employee Retirement Income Security Act (ERISA) is a federal law that sets minimum standards for health plans in private industry, providing protections for individuals in these plans.
An Employee Stock Ownership Plan (ESOP) is a type of employee benefit plan that provides employees with ownership interest in the company. It serves as both a retirement plan and a tool for corporate finance and control.
A comprehensive guide on Employee Share Ownership Trusts (ESOTs), their historical context, importance, types, key events, and more.
An Executive Bonus Plan is a life insurance policy provided to top executives as part of their compensation package, offering tax benefits and motivating key employees.
A comprehensive guide on exercisable options including their definition, historical context, key events, types, mathematical models, importance, applicability, and more.
An in-depth look at expatriate assistance, including historical context, key elements, types of support, importance, examples, and related terms.
Fiduciary Liability Insurance provides protection against breaches of fiduciary duty related to employee benefits plans. It helps organizations manage the risks associated with their role as fiduciaries.
An in-depth exploration of final salary schemes, including historical context, types, key events, mathematical models, importance, examples, and more.
An in-depth look at the Final Salary Scheme, a form of defined benefit pension that calculates annual pensions based on earnings at or near retirement.
Flex Time allows employees to modify their work schedules by choosing start and end times, accommodating personal needs, and enhancing productivity.
Flexible Spending Accounts (FSAs) allow individuals to save pre-tax money for qualified medical expenses within a plan year, offering financial and tax benefits.
Flexible work schedules refer to working arrangements that differ from the traditional 9-to-5 structure, often without differentials. They allow employees to manage their time more effectively and can enhance work-life balance.
Front pay is future compensation awarded to an employee when reinstatement is impractical, differing from back pay which covers past due wages.
Detailed explanation of Future Service Benefits including its historical context, types, importance, and applicability.
Comprehensive Overview of Group Insurance: Definition, Examples, Applicability, and More
Hazard pay, also known as danger pay, is additional compensation given to employees who perform their jobs under dangerous or hazardous conditions.
An employer-funded plan that reimburses employees for out-of-pocket medical expenses, providing tax-free reimbursements.
A detailed examination of healthcare benefits including historical context, types, key events, explanations, models, and their importance in the modern world.
An in-depth look at holiday pay, its historical context, types, key events, formulas, importance, applicability, and related terms in various countries.
A comprehensive guide to understanding housing allowance, its types, key events, mathematical models, importance, applicability, and more.
An in-depth overview of Health Reimbursement Arrangements (HRAs), their types, benefits, and regulatory considerations.
Immediate vesting refers to a benefit plan provision where employees gain 100% ownership of employer-contributed funds immediately upon participation.
Exploring the imputed value of social benefits provided by employers directly to their employees, former employees, or dependents, without involving pension funds or special funds.
Incentive Compensation includes bonuses, commissions, and other financial rewards designed to motivate employees and align their performance with organizational goals.
A comprehensive overview of IRC Section 409A, which regulates the treatment of deferred compensation in the U.S. tax code.
A loyalty bonus is an additional reward given to employees or customers for their long-term service, continuous employment, or sustained patronage.
An extensive overview of Maternity/Paternity Leave, its historical context, types, key events, implications, and related terms.
An in-depth examination of National Insurance Contributions (NICs), including their history, types, key events, mathematical models, importance, applicability, examples, and related terms.
A comprehensive look into non-accumulating compensated absences, including definitions, types, examples, implications, and related terms.
A Non-Contributory Pension Scheme is a pension scheme wherein the employer bears the entire cost of the employees' pensions without requiring contributions from the employees.
A comprehensive overview of Non-Discrimination Testing in employee benefit plans, including historical context, types, key events, mathematical models, importance, applicability, examples, and more.
Understanding Non-Highly Compensated Employees (NHCEs) in the context of retirement plans, their roles, benefits, and implications for workplace equity.
A comprehensive guide to understanding Non-Highly Compensated Employees (NHCEs), their role in retirement plans, and how they differ from Highly Compensated Employees (HCEs).
Non-pecuniary benefits refer to perks and advantages of employment that are not monetary. Examples include flexible working hours, remote working options, and professional development opportunities.
A Non-Qualified Stock Option (NSO) is a type of stock option that does not qualify for special tax treatments and can be granted to employees, directors, contractors, and others.
Nondiscrimination testing ensures fairness in benefit plans by comparing benefits received by Highly Compensated Employees (HCEs) and Non-Highly Compensated Employees (NHCEs).
An in-depth exploration of occupational pensions, types, benefits, and their significance in retirement planning.
Other Post-Employment Benefits (OPEB) encompass a range of benefits provided to retired employees besides pensions. These benefits often include health care, life insurance, and other forms of deferred compensation.
Open Enrollment is the designated yearly period when employees can enroll in, or make changes to, their health insurance plans. It is a critical time for individuals to review and adjust their health coverage.
A detailed guide on the P11D form used by employers to report benefits and expenses to HMRC, including its historical context, importance, and applicability.
A detailed exploration of Paid Time Off (PTO), a policy that pools sick leave, annual leave, and other leave types into a single category.
Parental leave refers to the period when an employee takes time off from work to care for a newborn or newly adopted child. It is a critical aspect of work-life balance and supports family well-being.
An in-depth exploration of paternity leave, its historical context, types, key events, importance, applicability, and related considerations.
A comprehensive guide to understanding payments in kind, including historical context, types, implications, key events, and more.
A comprehensive guide on payroll advances, a method where an employer provides an advance on the next paycheck to employees in need.
A comprehensive overview of pensions, their types, importance, and historical context, providing a financial safety net for retirees.
The Pension Benefit Guarantee Corporation (PBGC) is a federal agency created to protect the retirement incomes of American workers in private-sector defined benefit pension plans.
An in-depth look into Pension Obligation, which represents the total amount a company is obligated to pay its employees in the form of pension benefits, including historical context, types, key events, explanations, formulas, importance, and applicability.
An in-depth look at the Pensions Regulator, the UK body tasked with safeguarding the benefits of those in work-based pension schemes, including occupational schemes and employer-based schemes.
An in-depth look at Professional Employer Organizations (PEOs), their role in HR management, and the co-employment relationship they establish with client companies.
An in-depth exploration of performance-based pay systems, their historical context, types, key events, models, and importance in modern workplaces.
An in-depth look at perks (perquisites), their types, historical context, importance, examples, and more.
Comprehensive coverage on perquisites, their types, historical context, tax implications, and more.
Comprehensive exploration of perquisites (perks), their types, historical context, applicability, and examples in modern workplaces.
Phantom stock is a compensation strategy where employees receive benefits equivalent to company stock, without actual stock issuance. It serves as a bonus tied to the value of the company’s stock.
