Deferred Premium Arrangement
Also called a premium-delay arrangement, an agreement between an insurer and a group policy holder that lengthens the grace period of premiums on a permanent basis, usually by 30, 60, or 90 days. This agreement is usually only granted to companies with excellent credit ratings.
Planning Compensation Incentives That Maximize Workforce Engagement
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Planning Global Compensation Budgets for 2024 - March Updated
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Common Compensation Terms and Formulas
- Includes the latest updates: Compensable factors, defined benefit plan, job leveling, lead differential, shift differential and more.
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