The IRS requires that all 401(k) plans perform a nondiscrimination test every year. The test separates employees into two groups: non-highly compensated and highly compensated employees. By examining the contributions made by HCEs, the compliance test determines whether all employees are treated equa...
Stefanie Moll, and Thomas Cullen Wallace and associate Brian Fahy explaining the US Supreme Court’s decision inHelix Energy Solutions Group v. Hewitt.The Court found that highly compensated employees are entitled to overtime pay unless Fair Labor Standards Ac...
Although Social Security and qualified plans can provide a solid retirement base, "reverse discrimination" against highly compensated employees results in a retirement gap. How do compensation and benefits managers recruit, retain and reward key employees? This article explores opportunities with non...
A key employee is an employee with a major ownership and/or decision-making role in the business. Key employees are usually highly compensated either monetarily with benefits, or both. Key employees may also receive special benefits as an incentive both to join the company and to stay with th...
aMore importantly for Port workers, the Port’s proposals still ensure that our valued employees will remain highly compensated compared to those in common classifications at the City of Oakland for the important work they do here at the Port. 更加重要地為港工作者,口岸的提案仍然保證他們這裡完成...
Employee engagement:All these efforts have not only driven high engagement within the organisation, but have also improved overall retention. For instance, the company focuses on two aspects while measuring employee engagement — the willingness of employees to stay with the company and their recommenda...
The SEC wants to ensure that online reviews of financial advisors include important information such as whether or not the reviewer was compensated, if the reviewer is a client or not, and any significant conflicts of interest. Wealthtender is the first financial advisor online review platform desi...
highly compensated employees (HCEs)Tax Reform Act of 1986 (TRA '86)Long left undefined in the regulations, Tax Reform Act of 1986 (TRA '86) was supposed to clearly define the term "highly compensated employee." UnfortSocial Science Electronic Publishing...
Repeal of the family aggregation rules in defining HCEs in a qualified plan. (highly compensated employees)Wasserstrum, David
Reports on the ruling of the United States Internal Revenue Service that amendments to a defined benefit plan resulted in duplication of benefits to highly compensated employees (HCE) and discriminated in favor of HCE.EBSCO_bspCompensation & Benefits Report...