Employee Benefits & Executive Compensation

About

Provided by Michael Best & Friedrich LLP

Michael Best’s Illinois Employee Benefits team embraces a practical approach delivering real-world solutions to state and national clients, including public and private companies, nonprofit organizations, and governmental entities. The team counsels employers as they evaluate and implement a variety of employee benefit arrangements, including health and welfare plans, qualified retirement plans, and executive compensation arrangements.

In collaboration with the firms Labor & Employment attorneys, our team has established a dynamic and grounded approach to benefits, unlike the more traditional approach.

The benefits professionals at Michael Best pride themselves on mastering the constantly evolving state and federal laws to support our diverse clients in navigating the legal landscape and executing a benefit and compensation package that serves the needs of employees and the organization. 

Benefits are regulated by multiple governmental agencies at the federal level and otherwise, and our team regularly advises on compliance efforts and defends clients in inquiries and examinations initiated by federal agencies and multi-employer plans.

Our experience extends beyond established companies; we frequently help startup clients vet and adopt effective employee benefit plans and policies and advise them on the selection of appropriate benefits service providers.