Monthly Archives: November 2018

Fully Insured Versus Self-Funded Health Plans

There’s more than one way to fund health insurance. Below are two of the key options. Fully insured A fully insured health plan is purchased through an insurance carrier. Typically, the process is as follows: The employer negotiates the best … Continue reading

Posted in Uncategorized | Leave a comment

How to Handle Supplemental Wages

Basically, supplemental wages include a variety of items paid in addition to regular wages. Whereas regular wages constitute straight-time hourly pay or fixed salary, supplemental wages include: Bonuses. Back pay. Commissions. Overtime pay. Lump-sum vacation payments. Retroactive pay increases. Severance … Continue reading

Posted in Uncategorized | Leave a comment