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If companies don't take steps to comply, employees face immediate taxation, plus a 20 percent penalty and interest, says Edgar Adkins, a tax partner and the compensation and benefits technical practice leader in Grant Thornton's National Tax Office in Washington, D. According to the new "Pay and Performance in America: 2005 Compensation and Benefits Report" and survey by Hudson, one-third of the work force rarely or never receives a formal performance review and another third is unsure about the review criteria. 95/nonmember) The most trusted industry measure of competitive compensation and benefits information for association executives. |
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