Eastern staff develop an appetite for credit
- Trouble always comes in threes. NAPLES-DEANGELO, KRISIE // Employee Benefit News;Apr2011, Vol. 25 Issue 5, p10
The article discusses the common errors noted by auditors during employee benefit plan audits. The most common error faced by auditors is the incorrect definition of compensation. As mentioned, the main reason is that plan managers never read the plan document to ensure that at the time of...
- Robbing Peter to pay Paul. // Employee Benefit News;09/01/2000, Vol. 14 Issue 10, p53
Focuses on contribution plan borrowing in the United States (U.S.). Reasons for borrowing before retirement; Percentage of U.S. families in a defined contribution plan; Increase in the share of all families with loans from 1992 to 1998; Increase of median amount borrowed from 1992 to 1998.
- ING Direct brings in bike loans. // Employee Benefits;Aug2005, p08
Reports that ING Direct Bank has introduced a salary sacrifice bike loan scheme as part of a campaign to get employees to take better care of themselves. Features of the scheme; Benefits.
- Loans. Martin, David M. // A to Z of Employment Practice;2004, p345
This article explains the loans which may be granted by employers to their employees in Great Britain. Majority of employers avoid granting loans to their employees, but many will be asked at some time to assist employees in their financial problems. There is a need to carefully detail and...
- CYCLE-TO-WORK SCHEMES. Beagrie, Scott // Employee Benefits;Aug2009, p38
The article reports on cycle-to-work scheme as additional benefits given to employees in Great Britain. The scheme would allow employees to borrow from their company's accredited bicycle supplier and will be paid through equal salary deduction, usually over 12 to 18 months. It is a tax-free loan...
- Official rate reduced. Greene, Chris; Maddalena, Christina // Accountancy;Feb1994, Vol. 113 Issue 1206, p106
The article reports on the decrease in the rate of interest used to calculate the taxable benefit of interest-free or low interest loans from employers to directors of employees earning 8,500 pounds a year or more in Great Britain from January 6, 1994.
- No Place Like Home. McRoberts, Flynn // Newsweek;10/30/2000, Vol. 136 Issue 18, p71
Reports on a growing number of companies that are starting programs to help their workers pay for housing in the United States. How the tight labor market has forced companies to create unique benefits; History of the link between jobs and homes; Details of Honeywell unit that owns System...
- Credit boosts plan participation among low-income workers. Sweeney, Kevin // Employee Benefit News;9/15/2003, Vol. 17 Issue 12, p55
Discusses a provision of the Economic Growth and Tax Relief Reconciliation Act that garnered significant attention from non-highly compensated employees in the U.S. Segments of the population which are eligible for the saver's credit; Main purposes of the credit.
- Ownit Addresses Employee Issues. // National Mortgage News;12/18/2006, Vol. 31 Issue 13, p3
The article reports on the address made by Ownit Mortgage Solutions Inc. to its former employees in its Web site. It includes compensation issues, the employee medical and dental benefits, human resources, loan compliance and information technology support. However, important questions including...