Employee compensation in the United States

Bolster Study Reveals That Early Stage Companies Have Smaller, Less Independent, and Less Diverse Boards Than Later-Stage Companies

Retrieved on: 
Thursday, April 22, 2021
Other Professional Services, Software, Human resources, Internet, Finance, Consulting, Professional services, Technology, Employee compensation in the United States, Executive compensation, Executive compensation in the United States, This Study, Bolster:, THIS STUDY, BOLSTER:

Bolster is a talent marketplace that connects CEOs with on-demand, executive-level talent.

Key Points: 
  • Bolster is a talent marketplace that connects CEOs with on-demand, executive-level talent.
  • Their biggest practice area of the business is board building and helping CEOs find independent directors from diverse backgrounds.
  • The distribution of companies based on stage was: Founder Funded (2%), Seed/Angel (34%), Series A (23%), Series B (15%), Series C (15%), and Series D+ (12%).
  • While the majority of respondents are from U.S.-based companies, we did have some international companies in the data set.

Voya offers first-of-its-kind nonqualified deferred compensation distribution portfolios for workplace clients

Retrieved on: 
Tuesday, April 13, 2021
Professional services, Finance, Companies, VOYA, Service companies, Employee compensation in the United States, Nonqualified deferred compensation, Economy, Voya Financial, LinkedIn, ING Group

b"Voya Financial, Inc. (NYSE: VOYA), announced today the launch of new distribution portfolios for its nonqualified deferred compensation (NQDC) plans.

Key Points: 
  • b"Voya Financial, Inc. (NYSE: VOYA), announced today the launch of new distribution portfolios for its nonqualified deferred compensation (NQDC) plans.
  • The services are also available when an employer is looking for nonqualified plan support on a stand-alone basis.
  • Voya has earned recognition as one of the World\xe2\x80\x99s Most Ethical Companies\xc2\xae by the Ethisphere Institute; as the No.
  • Follow Voya Financial on Facebook , LinkedIn and Twitter @Voya .\n"

New Legions of Remote Workers Puts Geographic Pay Policies in the Spotlight

Retrieved on: 
Friday, April 9, 2021
Insurance, Employee compensation in the United States, Civil service in the United States, Income in the United States

Of the 62% of organizations with existing geographic pay policies, 44%are considering modifying or have recently modified their policies due to the increase of full-time remote work, according to WorldatWork's Geographic Pay Policies Study.

Key Points: 
  • Of the 62% of organizations with existing geographic pay policies, 44%are considering modifying or have recently modified their policies due to the increase of full-time remote work, according to WorldatWork's Geographic Pay Policies Study.
  • Pay policy prevalence, geographic pay philosophies, determinants of employees' geographic pay location, modification approaches, remote work flexibility, and limiting factors, among other variables, were measured.
  • The more locations an organization has, the more likely they are to consider creating a U.S. geographic pay policy, especially as full-time remote work rises.
  • 41% of organizations apply pay differentials as a premium/discount to either structure or individual pay, and 33% create separate base pay structures for each/different geographic location.

HealthEquity to Acquire Further

Retrieved on: 
Thursday, April 8, 2021
Healthcare in the United States, Employee compensation in the United States, Health savings account, HSA, HealthEquity, Finance, United States, Health care, HSA Bank, FSA debit card

DRAPER, Utah, April 08, 2021 (GLOBE NEWSWIRE) -- HealthEquity, Inc.(NASDAQ: HQY) ("HealthEquity"), the nation's largest independent health savings account ("HSA") custodian, today announced that it had entered into a definitive agreement to acquire Further, a leading provider of HSA and consumer directed benefit administration services, and the nations ninth largest HSA custodian overall.

Key Points: 
  • DRAPER, Utah, April 08, 2021 (GLOBE NEWSWIRE) -- HealthEquity, Inc.(NASDAQ: HQY) ("HealthEquity"), the nation's largest independent health savings account ("HSA") custodian, today announced that it had entered into a definitive agreement to acquire Further, a leading provider of HSA and consumer directed benefit administration services, and the nations ninth largest HSA custodian overall.
  • Further also brings approximately 28,000 employer clients and over 300,000 consumer-directed benefit accounts (CDBs), including FSAs, HRAs and VEBAs.
  • VEBAs are triple-tax advantaged health accounts like HSAs, that cover medical costs while employed or post-retirement.
  • We know our partners, employers, members and associates will be in great hands with HealthEquity.

HealthSavings Administrators Announces Integration with Employee Navigator

Retrieved on: 
Thursday, April 8, 2021
Healthcare in the United States, Employee compensation in the United States, Health savings account, Employee benefits, HSA, Finance

RICHMOND, Va., April 8, 2021 /PRNewswire-PRWeb/ --HealthSavings Administrators, a leading health savings account (HSA) provider, today announced an integration with Employee Navigator, a prominent benefits administration solution for brokers.

Key Points: 
  • RICHMOND, Va., April 8, 2021 /PRNewswire-PRWeb/ --HealthSavings Administrators, a leading health savings account (HSA) provider, today announced an integration with Employee Navigator, a prominent benefits administration solution for brokers.
  • In addition to the numerous benefits afforded to brokers, the HealthSavings integration allows employers to effortlessly manage employee HSA enrollment within the Employee Navigator platform.
  • Additionally, employees can quickly choose a HealthSavings HSA in Employee Navigator as part of their health benefits selection process during open enrollment.
  • To learn more about the integration between HealthSavings and Employee Navigator, visit https://employeenavigator.com/Marketplace/PartnerProduct/?partnerId=408&... .

Canuc Resources Announces Options Grant

Retrieved on: 
Tuesday, April 6, 2021
Options, Employee stock option, Employee compensation in the United States, Taxation in the United States, Incentive stock option, OTC Markets Group

Toronto, Ontario--(Newsfile Corp. - April 6, 2021) - Canuc Resources Corporation (TSXV: CDA) (OTCQB: CNUCF) ("Canuc" or the "Company") is pleased to announce that the Company has granted, under its rolling stock option plan, 6,000,000 incentive stock options ("Options") to officers, directors, employees, and consultants of the Company.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - April 6, 2021) - Canuc Resources Corporation (TSXV: CDA) (OTCQB: CNUCF) ("Canuc" or the "Company") is pleased to announce that the Company has granted, under its rolling stock option plan, 6,000,000 incentive stock options ("Options") to officers, directors, employees, and consultants of the Company.
  • The remaining 2.5 M Options will vest 12 months from today's date of issue (April 2nd, 2022).
  • The stock Options have an exercise price of $0.35 and a three-year term (expiring April 2nd, 2024).
  • Canuc is a junior company focusing on the San Javier Silver-Gold Project in Sonora State, Mexico.

WEX Completes Acquisition of Certain HSA Assets of HealthcareBank

Retrieved on: 
Thursday, April 1, 2021
Technology, Finance, Automotive, Banking, Professional services, Software, Internet, Data management, Fleet management, Employee compensation in the United States, Health savings account, Healthcare in the United States, WEX Inc.

WEX (NYSE:WEX), a leading financial technology service provider, announced today that it has completed the previously announced acquisition of certain health savings account (HSA) assets of HealthcareBank, the custodian bank for customers of WEXs Health division.

Key Points: 
  • WEX (NYSE:WEX), a leading financial technology service provider, announced today that it has completed the previously announced acquisition of certain health savings account (HSA) assets of HealthcareBank, the custodian bank for customers of WEXs Health division.
  • The acquisition is expected to be accretive to adjusted net income in fiscal year 2021.
  • On February 11, 2021, WEX announced plans to acquire the HSA assets from HealthcareBank.
  • WEXs forward-looking statements do not reflect the potential future impact of any alliance, merger, acquisition, disposition or stock repurchases, other than the acquisition described above.

Health-E Commerce applauds new IRS guidance making masks, hand sanitizer and sanitizing wipes FSA/HSA eligible

Retrieved on: 
Wednesday, March 31, 2021
Healthcare in the United States, Debit cards, Employee compensation in the United States, Inventory Information Approval System, FSA debit card

That changed on March 26, 2021, when the IRS released Announcement 2021-7 that now makes masks, hand sanitizer and sanitizing wipes that help prevent the spread of COVID-19 fully eligible for FSA/HSA reimbursement.

Key Points: 
  • That changed on March 26, 2021, when the IRS released Announcement 2021-7 that now makes masks, hand sanitizer and sanitizing wipes that help prevent the spread of COVID-19 fully eligible for FSA/HSA reimbursement.
  • Health-E Commerce , parent brand of FSAstore.com and HSAstore.com , the first and leading online marketplaces for exclusively eligible FSA and HSA products, applauds the IRS for making this much-needed change to product eligibility at a time when Americans need it most.
  • FSA holders should check with their HR department of benefits provider to make sure that these expenses will be eligible with their plan.
  • To learn more about IRS Announcement 2021-7 and product eligibility for FSAs and HSAs, visit FSAstore.com or HSAstore.com .

Sovos to Provide Automated Tax Information Reporting for Celsius Network in 2020 Tax Season and Beyond

Retrieved on: 
Tuesday, March 30, 2021
Money, Finance, Economy, Taxation in the United States, Financial technology, Internal Revenue Service, Employee compensation in the United States, Tax information reporting, Peer-to-peer lending, Cryptocurrency, Form, Reporting

BOSTON, March 30, 2021 /PRNewswire-PRWeb/ --Global tax software leader Sovos today announced that cryptocurrency P2P lending platform Celsius has selected Sovos for its 1099 crypto tax information reporting needs.

Key Points: 
  • BOSTON, March 30, 2021 /PRNewswire-PRWeb/ --Global tax software leader Sovos today announced that cryptocurrency P2P lending platform Celsius has selected Sovos for its 1099 crypto tax information reporting needs.
  • U.S.-based investors, borrowers and lenders who traded on Celsius in 2020 will receive automated 1099 forms and filings in the upcoming tax season through the Sovos Tax Information Reporting solution .
  • "In tax season, crypto platforms need experienced partners to provide insight into IRS guidance and simplify an intimidating, complex process," said Paul Banker, general manager of Tax and Regulatory Reporting at Sovos.
  • Celsius joins other cryptocurrency exchange platforms such as Bitstamp , Paxos and BlockFi that also use Sovos for high-volume crypto tax reporting.

Digihost Announces Grant of Stock Options

Retrieved on: 
Friday, March 26, 2021
Finance, Money, Cryptocurrencies, Articles, Options, Corporate finance, Employee stock option, Employee compensation in the United States, Incentive stock option, Blockchain, Bitcoin, Stock

TORONTO, March 26, 2021 (GLOBE NEWSWIRE) -- Digihost Technology Inc. (Digihost or the Company) (TSXV: DGHI; OTCQB: HSSHF) announces that it has granted to the directors, officers, employees and consultants of the Company an aggregate of 1,600,000 incentive stock options (the Stock Options) to purchase common shares under the Companys incentive stock option plan.

Key Points: 
  • TORONTO, March 26, 2021 (GLOBE NEWSWIRE) -- Digihost Technology Inc. (Digihost or the Company) (TSXV: DGHI; OTCQB: HSSHF) announces that it has granted to the directors, officers, employees and consultants of the Company an aggregate of 1,600,000 incentive stock options (the Stock Options) to purchase common shares under the Companys incentive stock option plan.
  • Each Stock Option is exercisable into a common share of the Company at a price of $2.49 for a period of five years from the date of grant.
  • The Stock Options will vest fully on the six-month anniversary of the date of grant and be subject to the terms and conditions of the Plan and the policies of the TSX Venture Exchange.
  • Digihost Technology Inc. is a growth-oriented blockchain company primarily focused on Bitcoin mining.