HR Digest

MAY 12, 2025

Kusumis decision to forgo 40% of his compensation is a mighty statement of accountability, especially as Panasonic grapples with a projected 15% profit decline to 310 billion ($2.14 billion) for the fiscal year ending March 2026. The company aims to achieve a 10% return on equity (ROE) by April 2026, up from 8.7%

Electronics 59

Electronics Executive Compensation Entertainment Government 59

Benefits Notes

AUGUST 29, 2023

If you have any additional questions regarding the impact of Notice 2023-62 on your retirement plans, please reach out to a member of Stinson’s employee benefits and executive compensation practice group. The transition relief provides, among other things, that: As anticipated, SECURE 2.0

401(k) 52

401(k) Retirement Plan Executive Compensation Taxes 52

Benefits Notes

MARCH 31, 2021

Under the ARPA, the 10% interest rate corridor is reduced to 5% for plan years beginning in 2020 through 2025, the 5% per year expansion will be delayed to the 2026 plan year (and, accordingly, the 30% corridor is reached in the 2030 plan year), and a permanent 5% interest floor is established for the twenty-five year averages.

Family and Medical Leave Act 40

Family and Medical Leave Act Employee Benefits Taxes Pension 40