X
    X
    X
    X

    Edwards Wildman's Gene McDermott Analyzes How to Calculate Median Employee Compensation in Business Insurance

    News
    Gene McDermott, a Business Law partner in Edwards Wildman's Providence office, discussed how the calculation to determine median employee compensation is a new challenge in Business Insurance. In the article, "Determining Median Employee Compensation is New Territory for Employers," McDermott said, "So for example, it seems like a company could develop a reasonable method to identify the median that does not include pension benefits. If that company then identifies two equally paid workers as being at the median, but one participates in a pension and the other does not, the "denominator' in the ratio could be very different depending on which employee is used, and the ratio could be very different."

    Explore Additional Topics

    Disclaimer

    Please understand that your communications with Locke Lord LLP through this website do not constitute or create an attorney-client relationship with Locke Lord LLP. Any information you send to Locke Lord LLP through this website is on a non-confidential and non-privileged basis. Therefore, do not send or include any information in your email that you consider to be confidential or privileged.