COM 425 Final Paper Communication Proposal
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COM 425 Final Paper Communication Proposal
Communication Proposal
The design of a company's benefits program is important to ensure the plans fit the structure of the company and the needs of its employees. Being a new company starting with 150 employees it will be important to design a varied and comprehensive retirement program that will not only address the needs of the company's current employees, but will also attract potential employees, and be affordable for the company.
Qualified plans "entitle employers and employees to substantial tax benefits" (Martocchio, 2009, p.3), because neither has to pay taxes on contributions within a dollar limit outside of defined contribution plans. As an additional benefit, investment earnings are tax free and participants and their...