As most employers know, wages or salary is only the tip of the iceberg when it comes to compensating employees. Not only is there a slew of withholding and payroll tax issues to contend with, but compensation is rarely confined to the employee’s regular paycheck. In an increasingly competitive employment market, employers are turning to various fringe benefits and other incentives to attract and retain qualified employees. In this session, we will address the ins and outs of compensation that goes beyond the standard paycheck– the dos, don’ts, and the cannons.

Areas Covered:-

• The viability of non-taxable gifts to employees
• Definition of a fringe benefit
• Distinguishing taxable from nontaxable fringe benefits
• Accountable reimbursement plans
• The multiple layers of educational benefits
• Using ownership interests as incentive compensation
• Requirements for incentivizing employees with achievement awards