Ice Miller LLP welcomes partner Kathleen Sheil Scheidt back to the firm's Employee Benefits Group. Scheidt has extensive experience counseling public, private and not-for-profit employers in all aspects of employee benefits and executive compensation. She joins recent addition Gary Blachman, also a partner in the firm's Employee Benefits Group. Before rejoining Ice Miller, Scheidt served as the lead employee benefits and executive compensation attorney for a publicly traded global biopharmaceutical company. She advised and worked with colleagues throughout the company on a broad range of legal and strategic matters involving the company's total rewards programs and executive compensation arrangements.Before moving to an in-house counsel role, Kathleen gained employee benefits and executive compensation experience as a law firm partner and associate. She began her legal career as an Ice Miller summer associate and then joined the firm as an associate in the Employee Benefits … [Read more...] about Scheidt rejoins Ice Miller’s Employee Benefits Group
By Jeff Chang | [email protected] | Best Best & Krieger LLPPUBLISHED: May 25, 2019 at 8:00 am | UPDATED: May 29, 2019 at 10:43 am Sales of small businesses have gone “through the roof,” according to a CBS News report released last summer. In many instances, larger businesses are acquiring smaller businesses because it’s the easiest way to obtain skilled and trained workers in the middle of an extremely tight labor market. The treatment and handling of workers and their employee benefits during a company sale are critical pieces of any successful transition. There are a multitude of laws, rules and legal documents that govern retirement plans (for example, 401(k), Simplified Employee Pension, Simple IRA, 401(a), defined benefit, nonqualified deferred compensation, Supplemental Executive Retirement Plan, severance) and benefit plans (health insurance, cafeteria, flex, Health Savings Account, Health Reimbursement Arrangement, group life, disability, retiree … [Read more...] about What happens to employee benefits when one company buys another
By Sergio Chapa Published 10:37 am CDT, Tuesday, April 16, 2019 Norwegian energy service company Cognite is brining European-style benefits to employees at its new offices in Houston and Austin. Norwegian energy service company Cognite is brining European-style benefits to employees at its new offices in Houston and Austin. Photo: Loop Images/UIG Via Getty Images Photo: Loop Images/UIG Via Getty Images Image 1 of / 1 Caption Close Image 1 of 1 Norwegian energy service company Cognite is brining European-style benefits to employees at its new offices in Houston and Austin. Norwegian energy service company Cognite is brining European-style benefits to employees at its new offices in Houston and Austin. Photo: Loop … [Read more...] about Norwegian energy service company brings European-style employee benefits to Texas
Jack Bogle, the founder of the Vanguard Group and the index fund, died at the age of 89 on Wednesday. In his 2018 memoir, “Stay the Course,” he said one of the most “important landmarks” of his career was creating a system that linked compensation to both lowering fees and increasing returns for customers. This article is part of Business Insider’s ongoing series on Better Capitalism. Berkshire Hathaway CEO Warren Buffett once said Vanguard Group founder Jack Bogle was a “hero” who “had probably done more for the average investor than any man in the country.” Bogle, who died Wednesday at the age of 89, created the first index fund for individual investors, allowing regular people to essentially “own the entire market” and have their savings follow the inevitable growth of the market over time. He offered a product with low fees and solid returns, and now Vanguard has more than $US5 trillion under management. In his … [Read more...] about Jack Bogle said one of the ‘most important landmarks’ of his career was linking his employees’ benefits to those of their clients
PUBLISHED: 09:28 11 January 2019 Peter Sharkey Work perks such as free exercise classes can help keep employees - but is it enough? Picture: Getty Images dolgachov Do companies do enough to keep their staff with workplace perks like pilates? Peter Sharkey investigates. How was it for you? I’m referring, of course, to the first full week back at work. No doubt Colin in accounts was still there, despite his drunken declaration at the staff Christmas party that he was heading off to California with his guitar and songbook. And that ‘awkward client’ file surreptitiously hidden to one side of your desk just before the holidays almost dared you to open it. Sound familiar?By Wednesday lunchtime, I thought it was 6pm Friday. Dry January? You’ve got to be kidding; if ever there was a month when you fancy a drink, it’s the opening 31 days of the new year...Nevertheless, there’s every indication that matters will improve during … [Read more...] about Employee benefits – what is important to you?