Proskauer's Employee Benefits & Executive Compensa

JANUARY 24, 2023

District Court for the Southern District of New York, alleging that it violated ERISA in its management of both a 401(k) plan and a profit-sharing plan. First , the court held that plaintiffs lacked standing with respect to the profit-sharing plan because they were not participants in that plan.

401(k) 109

401(k) Profit Sharing Plan Retirement Plan Management 109

Achievers

OCTOBER 20, 2020

Profit sharing. Profit sharing plans are a type of defined contribution plan that can serve as an alternative or supplement to more traditional plans like a 401k. Do you have any thoughts on this article? Share your comments below. .

Employee Incentives 258

Employee Incentives Profit Sharing Plan 401(k) Bonuses 258

Business Management Daily

MAY 5, 2022

The plan sponsor, most likely the employer, bears all the investment risk and pays you a fixed amount every month until you die. Defined contribution plans such as 401(k) plans were never meant to function as retirement plans—they are profit-sharing plans. It’s a good deal, if you can get it.

401(k) 133

401(k) Retirement Plan Deductions Deductible 133

HR Digest

MARCH 28, 2023

Designing Variable Compensation Structures Variable compensation structures can take many forms, including bonuses, commissions, stock options, and profit-sharing plans. In this article, we will explore some of the complexities of variable compensation structures and provide some tips for navigating them successfully.

Profit Sharing Plan 64

Profit Sharing Plan Commissions Human Resources Bonuses 64

HR Digest

APRIL 13, 2023

In this article, we explore the importance of managing employee compensation and benefits and offer some tips on how organizations can promote pay equity effectively. Another way to manage compensation is to offer performance-based incentives such as monetary rewards, bonuses, commissions, and profit-sharing plans.

Employee Compensation 64

Employee Compensation Retirement Plan Profit Sharing Plan Commissions 64

Vantage Circle

NOVEMBER 30, 2022

An ominously titled HBR article called How You Promote People Can Make or Break Company Culture stated: Among the 100 Best Companies, 75% of employees believe promotions go to those who best deserve them. Profit-sharing Plans. Hence, enter the profit-sharing plan. Monetary Recognition.

PTO 106

PTO Profit Sharing Plan Bonuses Paid Leave 106

InterWest Insurance Services

OCTOBER 18, 2022

In this article we look at other important parts of the cluster relationship that should be top of mind. Profit-sharing. One of the other areas that you’ll need to investigate is how profits are shared among cluster members.

Profit Sharing Plan 52

Profit Sharing Plan Insurance IT 52