Employee Benefits & Executive Compensation

About

Provided by Cades Schutte LLP

Employee benefits are an important component of the compensation package of many companies in Hawai‘i, whether they are corporations, partnerships, LLCs, tax-exempt organizations, or proprietorships. Some benefits, such as bonuses, vacation, and severance pay, are subject to little regulation, but Hawai‘i and federal law, most notably the Employee Retirement Income Security Act of 1974 (ERISA), heavily regulate both pension and welfare benefit plans.

Whether your company wishes to adopt or administer such plans for the good of your employees, or to remain competitive, or to comply with union demands, or simply to provide incentives and tax benefits to the owners of the company or its key management employees, it is essential to consult attorneys, accountants, and other professionals in order to maximize benefits, achieve design goals, and avoid costly missteps.

Cades Schutte is one of the very few law firms in Hawai‘i to have attorneys concentrating in Pensions & ERISA. Moreover, as a large full-service firm, we also have tax, corporate, employment, health care, estate planning, and litigation attorneys to work with our Pensions & ERISA lawyers in dealing with all of the challenges that plan sponsors may face.