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It is common practice for an employer to maintain an annual bonus plan to attract, retain, and provide incentives to employees who are key to the business's growth. Employers often [...]

Hurricane Sandy had a devastating effect on many employees throughout the Northeast, causing them to miss work for a prolonged period. The days needed by some of these employees to [...]

Sec. 409A imposes restrictions on the operation of nonqualified deferred compensation plans. Sec. 409A and the corresponding regulations are extremely complex. The definition of deferred compensation is very broad, causing [...]

A meta-analysis examining 31 studies of management and business school students to determine gender differences in what job attributes they prefer is presented. Nine out of 21 categories show no significant sex difference; in the 12 categories where gender correlates to attitudes, men value earnings and responsibility more than women while women tend to value prestige, challenge, variety, growth, job security, task significance, good relationships with others, and the physical work environment. Even the most significant differences are nevertheless small; findings imply that the attitudes studied are not the reason women fail to attain top management positions.

A research program seeking to develop a measure of total quality management (TQM) practices and supporting organizational culture produced a 113-item survey instrument measuring 13 TQM and 10 culture dimensions. The TQM dimensions identified include quality philosophy, quality planning, quality supervision, management leadership, quality procedures, teamwork, equipment adequacy, supplier relationships, employee suggestions and customer orientation. The culture dimensions examined were communication, conflict resolution, empowerment, innovation, job challenge, commitment, rewards, clarity of role expectation, social cohesion and trust. The survey instrument was administered to 886 individuals. Findings indicate the reliability of nearly all of the 23 TQM and culture dimensions., This article reports findings from a research program to develop a relatively brief, individual-level survey measuring total quality management (TQM) implementation and related cultural dimensions for use in research and [...]

The Omnibus Budget Reconciliation Act of 1993 cut the level of compensation for determining contribution allocations and benefit accruals under IRC Section 401(a)(17) from $235,840 to $150,000 after 1993. Moreover, the adjustments will occur in $10,000 increments with amounts to be rounded down to the closest $10,000. These new rules will greatly affect the work of pension plan consultants and administrators. Participants in defined benefit plans, profit sharing plans and 401(k) plans will all be impacted. Planners should be aware of alternatives such as changing the method of allocation.

A survey of the music of church youth group members belonging to the age group 13 to 18 years proves that Christian Rock Music (CRM) enjoys 93% female and 73% male listenership. Females give greater importance to lyrics and discuss CRM at school. The youth believe that CRM can shape the moral outlook of a person.

Because nearly all natural gas produced in the United States is used as fuel, the intrinsic value of the gas lies in the combustible chemical energy stored in its hydrocarbon [...]

Hurricane Sandy highlighted the role of programs that allow employees to donate the value of their unused paid time off (PTO) from work or share it with fellow employees. Following [...]

Many tax-exempt organizations have formed single-member limited liability companies (SMLLCs) as integral parts of their entity structure. Because of their flexible treatment for tax purposes, limitation of liability, easy transferability [...]

When a stock option is granted to an employee, great care must be taken to ensure that the exercise price is equal to or greater than the stock's fair market [...]

Now that the transition relief under Sec. 409A has expired and the Sec. 409A final regulations have gone into effect, nonqualified deferred compensation must comply with a vast set of [...]

One of the primary objectives of the Pension Protection Act of 2006 (PPA '06) was to increase employee participation in defined-contribution plans, by facilitating automatic enrollment in Secs. 401(k) and [...]

Have you searched for arbutus in the spring? Buried under dry leaves, sheltered by its own glossy foliage, you can find it near some brook, evidence of a whole cycle […]

Whenever design matters, Wirkkala's work is admired. Though he had been ailing for a long while, he was in good spirits when we dined together in New York in April […]

Fallingwater at 50 Fallingwater, the country house of the Kaufmann family, began construction in 1936 on 1,500 acres of wooded hills near Pittsburgh and was a worldwide sensation by the […]

Bankers need to build a total banking relationship with their customers to achieve success in their lending operations. Norwest Corp executives outline ways to maintain viability in commercial lending. First, the bank must establish effective, two-way communication with customers and identify customers' needs and fill as many of these as possible. Local bankers must be given authority to make lending decisions at the local level. The bank must also prepare for advances in loan portfolio techniques. The training and motivation of employees must be a priority., To remain profitable, bankers must not only give credit where credit is due, but must take their commercial accounts to a higher level in order to establish a total banking [...]