What Is Nonfinancial Compensation?

Answer Compensation is often an important consideration for both prospective employees and employers. Whether a company is in the startup phase of business or simply wants to reduce its overall expenses, ... Read More »

Top Q&A For: What Is Nonfinancial Compensation

What type of nonfinancial information is helpful in constructing a budget model?

A budget model consists of bits of nonfinancial information, including but not limited to, the frequency and timing of certain preset expenditures. For example, taxes may be due in quarterly or yea... Read More »

Is deferred compensation excluded from the definition of gross compensation?

According to tax regulations at Title 26 CFR § 1.414(s)-1(c)(3), deferred compensation is, under most cases, defined as "a safe harbor alternative" and thus is excluded from the definition of gros... Read More »

What is a Workers Compensation Law?

Workers Compensation provides employees with full compensation for job related injuries and illnesses, regardless of who was at fault, in exchange for their right to sue their employer.Who's Covere... Read More »

What is deferred compensation?

Deferred compensation is an arrangement between an employee and employer. The employer holds back wages from the employee, and the earnings go into an interest-bearing account for the employee.Tax ... Read More »