Owners of incorporated businesses know there is a tax advantage to taking money out of a C corporation as compensation rather than as dividends. The reason: A corporation can deduct
Most for-profit companies compensate the directors who serve on their boards, whereas non-profit board members generally serve on a voluntary basis. However, there are circumstances in which you might want
The COVID-19 pandemic and resulting economic fallout have spurred layoffs and furloughs for many employers. As the months pass, organizations that have retained employees face another dilemma: How should we
Employers grapple with many competing goals when it comes to compensation and pay raises. You probably want to reward specific employees who have made contributions to the organization and try
In the simplest of worlds, an employee effectively performs a set of tasks on an agreed-upon schedule and you pay him or her a fair wage. End of story. But,
To maintain their lifestyles in retirement, many top execs would like to set aside more dollars annually than is allowed under a qualified plan, such as a 401(k). One way
Contrary to popular belief, it is usually perfectly legal to compensate non-profit board members, and sometimes it might even be necessary. But is it right for your organization? Pros &
Starting in 2018, certain public companies must disclose the ratio of their chief executive officer’s annual compensation to that of its ‘median employee.’ The rule allows for significant flexibility in
As a business grows, one of its many challenges is identifying a competitive yet manageable compensation structure. After all, offer too little and you likely will not have much success
Although the Tax Cuts and Jobs Act (TCJA) was passed months ago, many employers are still grappling with its impact. One area that is easy to overlook is executive compensation.
