Employee Benefits Design and Planning A Guide to Understanding Accounting, Finance, and Tax Implications

by Biswas, Bashker D.

• ISBN13: 9780133481334
• ISBN10: 0133481336
• Edition: 1st
• Format: Hardcover
• Copyright: 2014-04-29
• Publisher: Ft Pr

Summary

This book offers  guidance for understanding benefits options and plan structures, and making better decisions for your organization. Writing for both HR and finance professionals, internationally respected compensation and benefits professor and consultant Bashker Biswas drills comprehensively into today's most important benefits-related topics and challenges. Employee Benefits Design and Planning covers all this, and much more:  

• Finance and accounting implications of Healthcare benefits
• Other risk benefits
• Severance benefits
• Disability and group life insurance programs
• Flexible benefits
• Non-qualified deferred arrangements
• 409A plans, ESOPs, Money Purchase Pension Plans, Cash Balance Plans, 401(k),  403(b) plans and 457 Plans
• Employee benefit plan financial reporting, legal compliance, and auditing
• Employee benefits in mergers and acquisitions
• Self-funding vs. insurance funding decisions
• Global employee benefits including umbrella pension plans and multi-national pooling
• Equity participation in employee benefit plans

Biswas introduces and explains key employee benefit metrics and ratios, and demonstrates best practices for forecasting costs and budgeting appropriately. For all compensation professionals, benefits professionals, human resource professionals, accounting professionals, labor attorneys, financial analysts, and finance professionals. Readers will have roles in benefits-related consulting, finance, accounting, and human resource management, both domestic and international.

Author Biography

BASHKER BISWAS, PH.D. (Lincoln, CA) is Principal of the Biswas Group global management consultancy, and Visiting Professor at Keller School of Management at DeVry University. He has 40+ years experience in Total Rewards Management; finance and accounting; executive compensation; base, incentive, sales, and equity compensation; HR strategy; HR information systems; international HR, and international compensation. He has traveled to 30+ countries on compensation and benefits-related projects, and served at Coopers and Lybrand as Director of HR Consulting and National High-Tech Leader for HR Consulting. Biswas has taught at various universities since 1984; authored and coauthored articles in Human Resource Management, and presented at WorldatWork's National Conference. He is author of Compensation and Benefit Design.

Table of Contents

I. Preface

II. Employee Benefit Plan Financial Reporting

III. Employee Benefit Legal Compliance

IV. Employee Benefit Plan Auditing

V. Employee Benefits in a MandA

VI. Self-funding Versus Insurance Funding for Employee Benefits Programs

VII. Healthcare Plan Financing

VIII. Retirement Plan Financing and Funding

IX. Equity Compensation Within An Employee Benefits

X. Global Employee Benefits

XI. Employee Benefit Metrics and Ratios

XII. Employee Benefits Costs Forecasting and Budgeting

XIII. Conclusion

 

Indispensable, up-to-the-minute guidance on the financial implications of benefits planning for every HR and finance decision-maker and practitioner.