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The compensation and benefits puzzle brings significant costs to every company – costs which have risen dramatically in recent years. Grant Thornton can help you understand the complex accounting and tax rules that apply to your compensation and benefit plans, as well as maximize your business effectiveness, cost efficiency and regulatory compliance.

Use of employer matching contributions in 401(k) plans — Follow-up survey

In April 2009, Grant Thornton surveyed employers to ask how the economic downturn was affecting their use of 401(k) matching contributions. Approximately a quarter of the survey respondents were considering reducing/eliminating their 401(k) match, even where they sponsored “safe harbor” plans or believed that reducing/eliminating the matching contribution might have a negative impact on employee participation. The general economic outlook has changed significantly in the past six months, so in January 2010, we followed up with the same employers to inquire what actions they took, what impact they saw from their decisions and what is affecting their 401(k) plans today.

Top 10 executive compensation strategies for the new environment

Executive compensation has never been trickier. Many plans and companies have been rocked as one of the worst downturns in decades has forced businesses to reduce costs to survive. Executives are under pressure to deliver high performance as they navigate their organizations through difficult times, while their compensation has never been under more scrutiny. Grant Thornton has identified 10 key strategies that can help businesses adapt.

Preparing for new SEC proxy disclosure enhancements: an interview with Don Nemerov

Effective Feb. 28, 2010, the Securities and Exchange Commission (SEC) has adopted amendments that will require registrants to make new or revised disclosures about compensation policies and practices that present material risks to the company; stock and option awards of executives and directors; director and nominee qualifications and legal proceedings; board leadership structure; the board’s role in risk oversight; and potential conflicts of interest of compensation consultants that advise companies and their boards of directors. Watch a 30-minute interview with Grant Thornton's Don Nemerov, Compensation and Benefits Executive Director, on the implications of the new rules.

Meet the needs of your employees, as well as your bottom line

Companies spend a significant amount each year on compensation, benefits and human resources. Of course, you'd like to maximize your rate of return on this investment. Download a quick summary of the services Grant Thornton can provide to help you attract, retain and motivate skilled personnel while managing costs.

This website supports Grant Thornton LLP’s marketing of professional services, and is not written tax advice directed at the particular facts and circumstances of any person. If you are interested in the subject of this document we encourage you to contact us or an independent tax advisor to discuss the potential application to your particular situation. Nothing herein shall be construed as imposing a limitation on any person from disclosing the tax treatment or tax structure of any matter addressed herein. To the extent this document may be considered to contain written tax advice, any written advice contained in, forwarded with, or attached to this document is not intended by Grant Thornton to be used, and cannot be used, by any person for the purpose of avoiding penalties that may be imposed under the Internal Revenue Code.