by admin | Sep 10, 2013 | Industry News
Big Blue’s Health-Exchange Move Ends Once-Common Benefit International Business Machines Corp. IBM +1.02% plans to move about 110,000 retirees off its company-sponsored health plan and instead give them a payment to buy coverage on a health-insurance exchange,...
by admin | Sep 7, 2013 | Industry News
Nonqualified deferred-compensation plans are growing again in response to last year’s expiration of Bush-era tax cuts, which effectively increased income taxes on high-wage earners. The plans, often called “top hat” or “excess” plans, are offered to company...
by admin | Aug 29, 2013 | Industry News
Stock options are on the verge of extinction. The once-popular form of pay, which for decades enriched senior executives and sometimes turned secretaries into millionaires, is almost disappearing as companies gravitate toward restricted stock awards. The trend has...
by admin | Dec 8, 2012 | Industry News
International Business Machines Corp., IBM +0.82% a bellwether for employee benefits, is overhauling its retirement program to contribute once a year to employee 401(k) accounts in a lump-sum payment. Starting next year, IBM’s contributions, which generally...
by admin | Aug 13, 2012 | Industry News
Houston community bankers don’t like the proposed Basel III rule any more than their counterparts across the rest of the country. With the federal government’s Dodd-Frank already requiring millions in compliance expenses — money that doesn’t generate revenue for banks...
