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Most employers know that rewarding their best workers is good business. However, the “return” on such investment is difficult to measure, and wise employers think long and hard about two of their largest expense items – employee benefits and executive compensation. Today in the United States, under the glare of issues raised by the current financial crisis, company-sponsored benefits programs have become mere shadows of what they once were, and executive compensation has come under intense scrutiny to the point where the Treasury Department monitors it at companies receiving federal assistance. In recognition of the growing importance of employee benefits and executive compensation issues, the Center for Labor and Employment Law at New York University School of Law dedicated New York University’s 59th Annual Conference on Labor to an in-depth examination of these topics. This volume of the proceedings of the 2006 conference contains papers presented at that meeting, all here updated to reflect recent developments. It also includes contributions from other practitioners and academics with extensive knowledge and experience in this specialized field of labor and employment law.
Executive Compensation is an invaluable legal guide through the maze of rules, regulations and practices that govern corporate financial compensation for executive employees.
Employee Benefits and Executive Compensation Client Strategies is an authoritative, insiders perspective on best practices for successfully working with clients to resolve employee benefits and executive compensation matters. Featuring partners and chairs from some of the nations leading law firms, these experts provide strategies for analyzing disputes, understanding the roles and motivations of key players, and avoiding common mistakes. From evaluating the rights and responsibilities within the contract to assessing tax complications, these leaders offer key strategies for constructing compensation plans, establishing employment terms, evaluating severance benefits, and utilizing incentive and equity compensation. Additionally, these top experts give tips on maximizing due diligence, protecting the client, and preventing risks.
Recent Changes in Employee Benefits and Executive Compensation provides an authoritative, insiders perspective on the latest developments in laws governing employee benefits and executive compensation. Featuring partners from some of the nations leading law firms, this book guides the reader through key legislation, such as the Dodd-Frank Act, the Health Care Reform Bill, and Section 409(A) of the Internal Revenue Code. These top lawyers provide insight into crucial issues impacted by these changes, discussing disclosure guidelines, ERISA changes, and taxes on deferred compensation. Additionally, these leaders reveal strategies for helping clients comply with the evolving legal environment, and give advice on implementing and monitoring updates to company policies. The different niches represented and the breadth of perspectives presented enable readers to get inside some of the great legal minds of today, as these experienced lawyers offer up their thoughts around the keys to success within this challenging and ever-evolving area of law.
Employee benefits and executive compensation, long a matter of considerable interest to employees and employers, have become subjects of increasingly intense public scrutiny and debate in the past few years. Indeed, you cannot pick up a newspaper, listen to a news broadcast, or consult the Internet without encountering a report on these subjects. These issues played heavily during the 2008 presidential campaign.