Category: Benefits

Gross Up

See Also: Adjusted Gross Income Definition Gross Profit Margin Ratio Analysis PEO Arrangement Compared to Outsourcing Payroll Payroll Accounting Purchase Option Gross Up Definition Defined as paying a full amount without any deductions, gross up is most often used in terms of salary for employees. Gross Up Explanation Gross up, explained as a method for

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Golden Parachute

Golden Parachute A golden parachute refers to a generous compensation package promised to a senior executive in the event that the executive leaves the company. It is a contractual agreement between the company and the employee. The contract stipulates the conditions under which the executive will receive it. Some of the conditions may include the

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Sales and Marketing Compensation

See Also: How to Keep Your Corporate Veil Closed Corporate Veil Employee Stock Ownership Plan (ESOP) Intrinsic Value- Stock Options Golden Parachute How to Hire New Employees Sales and Marketing Compensation Compensating sales and marketing employees is a critical, and complicated, issue for many companies. Sales incentives are very common today and many companies experience

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Excess Insurance Definition

See Also: Evaluating and Renewing Employee Health Insurance Plan How to avoid additional insurance premiums Insulate Your Company from Rising Health Insurance Costs How to Select Your Commercial Insurance Broker Contract Price Excess Insurance Definition Defined as insurance which extends beyond the limitations of other policies, excess insurance is a common method of mitigation of

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Employee Health Insurance Plans

See Also: Cafeteria Plan Insulate Your Company from Rising Health Insurance Costs How to Hire New Employees How to Run an Effective Meeting Professional Employer Organization (PEO) Employee Health Insurance Plans Your health insurance renewal is coming up….. What do I do? Should I be looking at something in particular? What options should I consider?

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Employee Stock Ownership Plan (ESOP)

See Also: Why Exit Planning Cafeteria Plan Evaluating and Renewing Employee Health Insurance Plan Insulate Your Company from Rising Health Insurance Costs How to Hire New Employees PEO or Outsource Payroll Budgeting 101: Creating Successful Budgets How to Select a PEO Employee Stock Ownership Plan (ESOP) An employee stock ownership plan (ESOP) is a type

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Credit Life Insurance

See Also: Employee Health Insurance Plan Third Party Insurance Personal Credit for Commercial Loan How to avoid additional insurance premiums Insulate Your Company from Rising Health Insurance Costs Credit Life Insurance Definition Individuals use credit life insurance policies to cover the outstanding debt on a loan. As the loan decreases, so does the plan until

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Cafeteria Plan

See Also: Employee Stock Ownership Plan Evaluating and Renewing Employee Health Insurance Plan Insulate Your Company from Rising Health Insurance Costs How to Hire New Employees How to Run an Effective Meeting Cafeteria Plan Definition The cafeteria plan definition is a flexible employee benefit plan that allows employees to choose from a selection of fringe

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401k

See Also: Pension Plans How to select a PEO Gross Up Payroll Accounting Keogh Plan W2 Form 401k Account Definition A 401k plan is a retirement plan that allows employees to contribute pre-tax earnings to a group company account. The 401k account or the funds in the account are invested for the employees in stocks,

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Should You Pay Your Interns?

Have you ever wondered if you should pay your interns? You have probably heard others praising the benefits of hiring low-cost, energetic, and eager-to-learn interns. But the question on your mind is, should you pay your interns? Should You Pay Your Interns? As an entrepreneur and CEO, I often feel like I have too many

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Incentive Comp Plans Driven by Business Model

Does your business model drive your incentive comp plans? Incentive Comp Plans Driven by Business Model The traditional thought process is to decide how your business will make money and then develop incentive comp plans to encourage employees to act in a way that supports the business model.  But that is not always the way things

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Insulate Your Company from Rising Health Insurance Costs

Refer to the following wiki about how to insulate your company from rising health insurance costs: Insulate Your Company from Rising Health Insurance Costs “How many times have your employees — or even potential employees — expressed concerns about the cost of the health insurance that your small business provide? It’s an employee concern that

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