Cowden Associates CEO Elliot Dinkin Authors Article Published in ISCEBS Quarterly Benefits Magazine. “Dust Off The Historical Approach to Total Compensation”
Employers have been afforded new opportunities with the enactment of the Affordable Care Act (ACA). ACA creates a unique opportunity for employers to take a fresh, strategically based total compensation approach to planning. The concept of a total compensation framework is not new; however, a new way to achieve this approach is now possible. Employers need to create their own level playing field, and a total compensation approach is the optimal solution. This article discusses how employers that consider a framework driven toward total compensation accomplish many key objectives.