What's Dinkin Thinkin?Elliot's bio

California Supreme Court Ruling Will Result in a Higher OT Rate for Employer’s Who Pay Flat Bonuses

The California Supreme Court issued a decision on March 5, 2018 (Alvarado v. Dart Container Corp) regarding the proper method under California law to calculate nonexempt employees’ overtime rate of pay when those employees receive a flat bonus, which generally are payments that do not vary on factors such as effort or productivity.  Flat bonuses

Continue Reading →

Why a Not-for-Profit Should Address the Tax Reform Impact on Their Total Compensation Offerings

No, I didn’t hit my head and wake up and realize that Not-For Profits (NFPs) now pay taxes.  However, as a result of the recent tax law changes, a substantial number of for-profit companies not only provided a one-time bonus, some were, also, quick to act and announced increases to:Minimum wageSalariesRetirement benefitsInvestment in training employeesNFPs

Continue Reading →

Tax Reform Provides Another Incentive to Implement Pension Plan De-Risking Strategy

Tax reform offers another incentive for employers to consider completing a pension plan de-risking strategy in 2018. A change in the corporate tax rate will make funding pension plans sooner more appealing, which many try to do before completing a risk transfer anyway.The Tax law approved in December 2017, lowers the corporate tax rate to

Continue Reading →

Treatment of Settlements After Tax Act

Unfortunately, the news is full of a multitude of stories regarding sexual harassment. Companies are aggressively trying to control the damages associated with these claims, while the brave victims who come forward want to protect their privacy.As part of the recently signed tax law, a new section was added to the Internal Revenue Code that

Continue Reading →

It Is Possible to Teach An Old Dog New Tricks: New Dress Code Works for All

In the later part of 2017, our Management Team began the process of reviewing our current dress code policy.  By way of background, our historical policy was a business casual dress policy, with the ability to wear jeans on Friday.  Although we really had no major issues with this policy, we embarked upon a process

Continue Reading →

Final Tax Bill: What’s In and What’s Out for Aspects of Executive Compensation

On December 22, 2017, President Trump signed the Tax Cuts and Jobs Act (TCJA) into law. The following is a summary of the provisions:While our prior summary outlined the proposed Section 409B, this summary looks at what TCJA actually does. Generally 4098B would have taxed nonqualified deferred compensation and other incentive compensation (including stock options)

Continue Reading →

Proposed Tax Bills: What’s In and What’s Out for Aspects of Executive Compensation

On December 2, 2017, the US Senate passed its version of the Tax Cuts and Jobs Act Bill. With respect to the executive compensation provisions, the Senate Bill, generally, aligns with the corresponding bill passed by the US House of Representatives on November 16, 2017. However, both the Senate Bill and the House Bill differ significantly

Continue Reading →

Proposed Tax Bill Would Dramatically Change Certain Favorable Aspects of Executive Compensation

In its current form, the proposed legislation (The Tax Cuts and Jobs Act, as proposed by the Ways and Means Committee, including amendments proposed by the Committee Chairman) would drastically change the tax treatment of executive compensation in several areas, including: Taxation of nonqualified deferred compensationTaxation of long-term incentives and most forms of equity compensation

Continue Reading →

Asking Applicants About Their Salary History May Be Over

Employers who ask applicants about their salary history should be aware of the increase in state and local legislation barring this question.  Consider that numerous states and localities have enacted laws that apply to private employers, including Delaware, Massachusetts, Oregon, Puerto Rico, Philadelphia, San Francisco, and New York City. Other states are considering similar legislation,

Continue Reading →

Why a Not-for-Profit Should Implement a Total Compensation Philosophy and What Should it Contain?

Background:Best practices suggest that nonprofit boards of directors establish a compensation policy with specified ranges of acceptable salaries and benefits.  Also, Boards should ensure that they can justify an arms-length standard in their decision-making process. This justification may require nonprofits to focus on a strong governance structure with diverse and qualified board members.In addition, the

Continue Reading →

Follow My Blog Today

Enter your email address to follow this blog and receive notifications of new posts by email.

March 2018
« Feb    


ACA bargaining Baseball benefits Benefits consultant Big Data blog business business consulting casual jeans Celebrate Challenges clothing compensation Compensation and benefits compensation arrangements compliance concerns Cowden Associates credit dashboard DOL EEO-1 EEOC Elliot Dinkin Elliot N. Dinkin employees employers Equal Pay Equal Pay Act Excise Tax executive compensation Executive pay Facebook Feedback Field of Dreams FLSA Friday giving a speech governance health and benefits health care exchanges Health insurance Health insurance exchange IBM Incentive Incentive compensation Internet Marketing investment consulting Jolly Roger Labor Day labor negotiations Legislation LinkedIn managing risk Marketing and Advertising Median Medical Cost Medicare Monday multiemployer Nonqualified Deferred Compensation Not-for-profit Obamacare Obergefell Patient Protection and Affordable Care Act pay-for-performance pay equity PCORI Peer Group pension pension benefits performance benchmarks Pirates post-retirement benefits public-employee retirement system Public company Ratio retirement retirement age risk management solutions shopping Social media Social networking service SSM style Success Tax Reform UBA Whats Dinkin Thinkin

Follow “What'sDinkinThinkin?” Get every new post delivered to your Inbox.