Compensation Plan

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Open compensation plan - An open compensation plan (or system or policy) is one with a defined pay scale and no rules about keeping employee pay confidential. Open compensation plans are noted for reducing employee [example of an organization with an open compensation system is the [[U.

Stairstep Breakaway plan - Stairstep Breakaway refers to Multi-level marketing compensation plans featuring two types of distributors: managers and non-managers. Stairstep Breakaway is the oldest and most common type of compensation plan.

457 plan - The 457 plan is a type of tax advantaged defined contribution retirement plan that is available for governmental and certain non governmental employers in the United States. The employer provides the plan and the employee defers compensation into it on a pre-tax basis.

Chrysler Comprehensive Compensation System - The Chrysler Comprehensive Compensation System was a plan in the Chrysler American Automobile Corporation to redo their payroll computer system. It is also referred to as C3 for short.


Suggested Web Sites

Total Compensation Services - Specializing in executive compensation, incentive bonus plans, gainsharing, stock options, compensation strategy and benchmarking, and pension plans.

Sentinel Benefits Group, Inc. - Benefit consulting services including retirement plans, cafeteria plans, health plans and deferred compensation plans.

Strategic Compensation Planning, Inc. - A resource for compensation plan design and program management support. Based in Philadelphia the firm currently serves clients across the world.

Source: BazSites.com

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