162 Bonus Plans

162 Bonus Plans – The Basics for Employers

Fulcrum Partners Executive Benefits News, Fulcrum Partners NEWS

162 Bonus Plans – The Basics for Employers EXECUTIVE SUMMARY As the economy improves, employee talent is at a premium. Well designed executive benefit plans are important tools in both retaining and attracting top talent. One type of executive benefit plan, commonly referred to as a 162 bonus plan, is designed to provide supplemental benefits to select key employees. Generally, …

ncentive Pay Practices at Mid-Size Companies

Incentive Pay Practices at Mid-Size Companies

Fulcrum Partners Fulcrum Partners NEWS

Incentive Pay Practices at Mid-Size Companies In a detailed report released this month, Main Data Group, Inc., looks at incentive pay plan practices in mid-size companies. The report, INCENTIVE PLAN PRACTICES ALIGNING EXECUTIVE PAY WITH PERFORMANCE, was prepared by Steven Hall & Partners and  is based on data developed using the proprietary Snapshot Data(TM) executive compensation platform. Looking at more than 800 publicly traded …

AALU Washington Report on Death Only Benefit Plans

Fulcrum Partners Executive Benefits News, Fulcrum Partners LLC White Paper

(March 10, 2015) Ponte Vedra Beach, Florida A new AALU Washington Report features an in-depth exploration of what Death Benefit Only plans are, which employees may be best served by this type of benefit, and how these plans are implemented. Special attention is paid to the taxation concerns for both employer and employee; these plans are typically subject to less …

Nonqualified Deferred Compensation Plan Participants

What Does Participant Really Mean when it comes to Nonqualified Deferred Compensation Plan?

Fulcrum Partners Executive Benefits News

From the Employee Benefits Law Report, an article by Greg Daugherty of Porter Wright Morris & Arthur LLP, looks at the scope and definition of who is a “participant” in a nonqualified deferred compensation plan. Daugherty points out that although companies have frequently considered the word participant to only include participants who are current employees, the courts may not always look at …

The Exchange for People October 2014

Phil Currie Looks at Executive Retirement Plans in October PSX Magazine

Fulcrum Partners Fulcrum Partners NEWS

Do you feel like you are “stuck with your SERP?” In this month’s issue of PSX: People Strategy Exchange, you’ll find cutting edge views and perspectives on all things relating to people strategy; a fresh take on human resources issues and executive benefits plan solutions. Access the magazine here. And read “A New Look at Executive Retirement Plans,” from Phil Currie …

IRS Announces 2015 Retirement Plan Limits

IRS Announces Retirement Plan Limits for 2015

Fulcrum Partners Executive Benefits News

Fulcrum Partners LLC, shares this update just released by the IRS regarding the changes for 2015 in the social security taxable wage base, qualified compensation limits, and other aspects of U.S. retirement plan limitations.  The full update appears below.   IRS Announces 2015 Retirement Plan Limits Ponte Vedra Beach, FL — (October 23, 2014) —  The IRS announced today the cost …

Bruce Brownell Interview in September Exchange for People Strategy

Fulcrum Partners Fulcrum Partners NEWS

Managing Director Bruce Brownell is a feature interviewee in the September 2014 issue of The Exchange for People Strategy in a piece entitled “From Total Rewards to Total Value Exchange: A Mandate to Engage Key Stakeholders in the Organization’s Mission, Vision, and Values.” In this comprehensive 17 page question and answer session, Bruce Brownell and Michael Graham of Grahall, LLC …

Financing the Golden Years Among Senior Retail Executives

Fulcrum Partners Executive Benefits News, Fulcrum Partners NEWS

The August issue of The Exchange for People Strategy online magazine contains this review of the last few years in retail sector retirement planning and deferred compensation suites for senior executives. Managing Directors Tom Chisholm and David Fisher lend their expertise to outlining the challenges in compensating key team members in positions outside of rank-and-file employees, as well as ways …

Changing Executive Compensation Plans & Performance-Based SERPs

Fulcrum Partners Executive Benefits News, Fulcrum Partners NEWS

Online Human Resources publication “The Exchange for People Strategy”  recently published an article by Steve Broadbent and Tom Chisholm regarding the impact of changing regulations on executive compensation strategies, and how performance-based SERPs provide solid answers to maintaining a balanced and incentivizing compensation plan. The Exchange is a monthly publication you can receive directly to your inbox. We invite you to become a subscriber …