Concept information
Preferred term
deferred compensation plans
Definition
- Deferred compensation plans refer to arrangements in which employees defer some portion of their current income until a future date. Wages earned by an employee in one period are actually received by the employee at a later date. [Source: Encyclopedia of Business Ethics and Society; Deferred Compensation Plans]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/deferred_compensation_plans
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