Compensation and Benefits
Our employee benefits professionals advise clients regarding the full array of retirement plans and welfare plans, sponsored by employers in the public and private sectors, as well as not-for-profit entities.
- Tax-qualified retirement plans
- Executive compensation arrangements
- Welfare and fringe benefits programs
- Incentive and other bonus arrangements
- Deferred compensation
- Cafeteria plans
- Severance pay plans
- Stock option and other equity-based compensation plans
- Defined contribution/consumer-directed health plans
FKW also assits with implementing cost-containment strategies, such as health savings account plans (HSAs) or health reimbursement arrangements (HRAs). Well-drafted and administered benefit programs are effective recruitment and retention tools and enhance employee relations.
FKW seeks to help clients with early retirement and severance programs, the benefits aspects of mergers and acquisitions, negotiating and drafting executive consulting and phased retirement arrangements.
We also advise clients on such matters as health portability, privacy, and nondiscrimination (HIPAA) requirements, continuation coverage (COBRA) rules, reporting and disclosure obligations to the Department of Labor and to the Internal Revenue Service, retirement and welfare plan nondiscrimination requirements and fiduciary compliance.