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Tenneco bought Houston Oil & Minerals Corporation with two gold mines in Nevada in the late 1970s. Tenneco owned and operated a large number of gasoline service stations, but all were closed or replaced with other brands by the mid-1990s. [7] Fairchild F-27J executive aircraft of Tenneco at Chicago O'Hare Airport in 1979.
In November 1995, the company's name was changed to Tenneco Packaging Inc.; in 1999, a new entity re-established the name Packaging Corporation of America In 2009, the company opened a new design center and project-management facility in Hong Kong, operating under the name Packaging Corporation of Asia Limited.
An employer in the United States may provide transportation benefits to their employees that are tax free up to a certain limit. Under the U.S. Internal Revenue Code section 132(a), the qualified transportation benefits are one of the eight types of statutory employee benefits (also known as fringe benefits) that are excluded from gross income in calculating federal income tax.
A Qualified Employee Discount is defined in Section 132(c) as any employee discount with respect to qualified property or services to the extent the discount does not exceed (a) the gross profit percentage of the price at which the property is being offered by the employer to customers, in the case of property, or (b) 20% of the price offered for services by the employer to customers, in the ...
In the United Kingdom, employee benefits are categorised by three terms: flexible benefits (flex) and flexible benefits packages, voluntary benefits and core benefits. "Core benefits" is the term given to benefits which all staff enjoy, such as pension, life insurance, income protection, and holiday.
Implement an employee referral program: A referral program with incentives for employees who recommend qualified candidates is a powerful motivator. Referral bonuses ranging from $1,500 to $2,500 ...