Non-Cash Compensation
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Hi I am hoping someone can assist me. We have to detail non cash compensation by division for my company. Can someone please explain what noncash compensation is and what expenses are included in noncash compensation and why they are considered noncash compensation?
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Solution Summary
This solution explains non-cash compensation, gives examples,and explains why these items are considered non cash compensation. Includes links and APA formatted reference.
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Hope this helps:
What is non-cash compensation?
According to the IRS (1990), "Compensation also takes non-cash forms, like employee health, death, or other welfare benefits. "Fringe benefits" may also include a personal vehicle, meals, or lodging; personal and family educational benefits; low-interest loans; payment of personal travel, entertainment, or ...
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