Commissions Incentive Compensation Life Insurance 
COMPackage
OCTOBER 14, 2024
Incentive Compensation: Any bonuses, commissions, or other performance-based pay. Benefits: A list of all benefits provided by the employer, such as health insurance, retirement plans, paid time off, and life insurance.
HR Management Activities
AUGUST 1, 2023
Corporate-owned life insurance on the life of the executive is popular and pays both the executive’s estate and the company in the event of death. Deferred compensation is another possible means used to help executives with tax liabilities caused by incentive compensation plans.
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