Deferred compensation

A deferred compensation plan sets aside a portion of an employee’s compensation so it can be paid at a later date. Employees may choose to enter into a deferred compensation plan to set aside money for retirement plans via a Saver’s Tax Credit, to receive other tax benefits, or to stay on top of the markets while following investment advice from a financial advisor.

Ascentis' powerful talent management software can help you manage all your compensation planning needs.

Looking for HR tools and resources?

Streamline your processes with Ascentis

Learn More

Other terms:

Online Time Card System

---

Like most business processes in the modern era, employee tim... See more

Employee development

---

There is an old but true adage that says a business is only ... See more

Time clock software

---

In the recent past, many organizations required their employ... See more