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Salary packaging (also known as salary sacrifice or salary exchange) is the inclusion of employee benefits (also called fringe benefits) in an employee remuneration package in exchange for giving up part of monetary salary. Such arrangements are entered into most commonly if there are tax or other benefits to be derived by the employer or ...
A capital improvement plan (CIP), or capital improvement program, is a short-range plan, usually four to ten years, that identifies capital projects and equipment purchases, provides a planning schedule and identifies options for financing the plan.
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.
The Office is the Governor's designate representative in recognized employee organization negotiations and developing and implementing employment relations policy. This Office after consulting with department heads makes recommendations to the Civil Service Commission regarding pay scale and other benefits for non-exclusively represented employees.
Montgomery County Public Schools (MCPS) is a public school district that serves Montgomery County, Maryland. With 210 schools, it is the largest school district in the state of Maryland . [ 1 ] [ 3 ] For the 2022–23 school year, the district had about 160,554 students taught by about 13,994 teachers, 86.4 percent of whom had a master's degree ...
The BCWP is the sum of the budgets for completed work packages and completed portions of open work packages, plus the applicable portion of the budgets for level of effort and apportioned effort. [2] (The items identified in the Work breakdown structure plus overhead costs, plus costs related in proportion to the planning and performance.)
An increasing percentage of the federal budget became devoted to mandatory spending. [3] In 1947, Social Security accounted for just under five percent of the federal budget and less than one-half of one percent of GDP. [8] By 1962, 13 percent of the federal budget and half of all mandatory spending was committed to Social Security. [3]
The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) is a law passed by the U.S. Congress on a reconciliation basis and signed by President Ronald Reagan that, among other things, mandates an insurance program which gives some employees the ability to continue health insurance coverage after leaving employment.