USA - March 1 2010 Socially responsible multinationals have gotten good at mobilizing employee support after major disasters like the Haiti and Chile earthquakes, collecting and matching payroll-deducted donations.
USA - February 22 2010 The Internal Revenue Service privately ruled recently that a delay in making awards under an incentive compensation plan until after the first 90 days of the performance period would not prevent compensation paid under the plan from qualifying for the performance-based compensation exception to the deduction limitations of Section 162(m) of the Internal Revenue Code (Private Letter Ruling 200949005 (Aug. 18, 2009)).
USA - February 22 2010 The Treasury Department and the IRS have issued relief and guidance ("Notice 2010-6") on the correction of certain documentary failures of nonqualified deferred compensation plans.
Global - February 2 2010 Multinationals increasingly launch global compensation strategies and benefits offerings without accounting for compliance with local pay discrimination laws.
USA - January 22 2010 In October 2009, the Department of Labor (DOL) released additional guidance on the reporting of fees and other compensation paid to service providers, as required by the new Schedule C of the Form 5500 annual report.