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The Scanlon plan is a gainsharing program which combines leadership, total workforce education, and widespread employee participation with a reward system linked to organization performance. It has been used by a variety of public and private companies with varying amounts of success.
The benefits under a non-qualified deferred compensation plan are considered to be "unfunded" as long as the employee has no rights in any specific assets of the employer, the deferred amounts are subject to the claims of the employer's general creditors, and the employee has no power to assign his or her rights. [11]
An employee trust is a trust for the benefit of employees. The employees that an employee trust benefits are usually defined by reference to employment by a particular company (or group of companies). In addition to employees, the beneficiaries may, under the terms of the trust, include some or all of former employees (of the relevant company ...
The Federal Employees Health Benefits ( FEHB) Program is a system of "managed competition" through which employee health benefits are provided to civilian government employees and annuitants of the United States government. The government contributes 72% of the weighted average premium of all plans, not to exceed 75% of the premium for any one ...
Health insurance companies, which sometimes provide life insurance or employee benefits as well; General insurance companies can be further divided into these sub categories. Standard lines; Excess lines; In most countries, life and non-life insurers are subject to different regulatory regimes and different tax and accounting rules.
Group Medicare Advantage plans are also called employer group waiver plans (EGWP), pronounced “egg-whips.”. EGWPs are a type of Medicare Advantage plan offered by some employers to employees ...
The National Association of Government Employees was created July 16, 1961 at a convention of the Federal Employees Veterans Association (FEVA) in Dedham, Massachusetts by Kenneth T. Lyons and Daniel W. Healy. FEVA had been formed by World War II veterans working for the federal government to secure higher wages, better benefits and improved ...
The Christian Labour Association of Canada ( CLAC) is a labour union that represents companies in the construction, healthcare, and food industries. It was established in 1952 to represent workers on the basis of "Christian social principles". The union claims that its approach to labour relations develops workers' sense of responsibility ...
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