Comparative law notes
This English term is more general than the German concept but is suitable for use in a broader context.
There are multiple definitions - click on the translation that matches your context.
- vermögenswirksame Leistung
- vermögenswirksame Leistungen
- Entgeltumwandlung
deferred compensation means:
- employee savings plans
- deferred compensation
- capital accumulation benefits
vermögenswirksame Leistungen means:
vermögenswirksame Leistungen
Substantiv
partial
deferred compensation
phrase
Definitions of deferred compensation
a term used to describe the payment of part of an employee's income at a later date than usual. Such plans are usually entered into for tax purposes, and include pension schemes and employee stock options etc.
His bonus was $3.3 million, which he took as deferred compensation.