Profit Sharing - Incentive for Efficiency

Article Abstract:

The Internal Revenue Service (IRS) has maintained that hospitals, and other tax-exempt organizations, can have a profit-sharing plan for the benefit of employees. There are several advantages to a profit-sharing plan. Employer contributions are flexible and can be changed each year as long as they are defined by GAAP and are recurring and substantial. After contributing to the plan for two years, an employee may withdraw funds or borrow from them. Life insurance can be provided with the contributions. Employees can contribute to the fund and accumulate earnings tax-deferred. A cash or deferred arrangement savings plan is incorporated into many profit- sharing plans. A major advantage of profit-sharing is its incentive effect on employees, encouraging cost-efficiency because they will receive part of the benefits.

Compensation and benefits, Profit sharing

---

Pola Negri

Article Abstract:

Negri was the toast of Berlin, Germany in the heyday of cabaret life. Once rumored to have had an affair with Adolf Hitler, she is featured in a May, 1991 Kennedy Center tribute to Germany.

Appreciation, Illustration, Motion picture actors and actresses, Movie actors, Negri, Pola

---

Cat at a Hot Tin Stove

Article Abstract:

Author, Rex Reed, writes of his talks with Tennessee Williams and his love of food and cooking. There is also a recipe for Williams' Lemon Icebox Pie

Usage, Lemon, Recipes and menus, Lemons, Beliefs, opinions and attitudes, Frozen desserts, Williams, Tennessee

Similar abstracts:

• Abstracts: Solo voyager. The Province Lands. A persistent voyager lands at the Met
• Abstracts: Urban Tropics. Alien designer. Sista act: Stussy, the hippest designer of urban surfwear, creates a line for women
• Abstracts: 10 tips for better videos. A response to Nelson on 'deliberation, leverage or coercion?.' (response to Paul J. Nelson in this issue, p. 467)
• Abstracts: What are your ethics? Saudi Arabia

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.