In this episode, Chris Kelley, CEO of KnowledgePay, describes how KnowledgePay software helps solve the pain points for organizations surrounding "special compensation actions", such as Project Bonuses, Retention Agreements, and Sign-on Bonuses. In most organizations, there is no central tracking of pending arrangements that have been made which can lead to problems with missed payments to employees, inability to provide executive insight to committed payments, and now tax compliance with section 409A of the IRS code.
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