Preface
Managing employee benefits is growing ever more complex. These programs can be costly and take up more of management’s time than they have in the past. But the employee benefits program is a key part of a human resources strategy. And human resources (or as referred to these days, human capital) is now considered a critical element of the overall business strategy.
Many elements are involved in the management of an employee benefits program, including the following:
• Proper financing and funding of the benefit program
• Accurate actuarial calculations to determine the plan assets and liabilities
• Complying with required laws and regulations
• Proper accounting and recordkeeping, according to the governing accounting standards
• Tax ...
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