Question

Assume the following:  This is a large conglomerate company with over 30 divisions and over 24,000 employees,...

Assume the following:  This is a large conglomerate company with over 30 divisions and over 24,000 employees, but the company might be in financial trouble. Company divisions are so different that EVERY type of benefit / retirement plan is available to all employees.

Scenario 1

Married individual with young children at entry level position

Scenario 2

Mid-level manager with grown children seeking a long career and a comfortable retirement

Scenario 3

Top executive nearing retirement and hired to solve financial difficulties.

ADVISE each of your three clients on the­­­ following:

Compensation

Equity Options

Deferred Compensation (both qualified and nonqualified plans are available)

Health and Disability

Life Insurance

Fringe Benefits

After each of the 3 clients are advised, each decides to start their own business and hire a few employees

Scenario 4        Married individual with 2 employees

Scenario 5        Mid-Level Manager with 4-7 employees

Scenario 6        Top executive with 10 years to retirement starting a company with 55 employees

Advise your 3 clients on the same issues

Compensation

Equity Options

Deferred Compensation (both qualified and nonqualified plans are available)

Health and Disability

Life Insurance

Fringe Benefits

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Answer #1

Scenario Compernation Deffered Compeesahion, Heal thDisabilty behefks mt be provided to this dinision, As the dhvision re l

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