Deferred compensation as a method for payment of part-time dental faculty members.
Education costs are causing part-time dental educators to be compensated at inappropriately low levels. By using a deferred compensation plan, the dental school can provide to the part-time educator, a greater return at a time when that money will be of more benefit. Through contractual agreement with the dental school, as drawn up by appropriate financial and legal counsel, a plan can be constructed that can significantly increase the real value of part-time earnings, usually payable at some time in the future, at no additional cost to either the dental school or the part-time dental educator.
D003284:Contract Services; D005179:Faculty, Dental; D005376:Financial Management; D007183:Income Tax; D007352:Insurance, Life; D007449:Investments; D012456:Salaries and Fringe Benefits