COMPENSATION

Employee Compensation

[Name of the Institute]

Employee Compensation

Introduction

Pensions are the fruit of a lifetime's work, the effort of a worker who knew how to do things well and prepared for those times that labor would not be useful as begin to see life in a much more relaxed and relaxed. This compensation money is given to the workers after the end of his career, has two types of the plan, the defined benefit plan and defined contribution plan.

Pension Plans

Defined Benefit Plan

This plan is the financial compensation based on two essential elements: the time worked and wages received. The main feature of this pension ...