Accrued Payroll Costs and Retirement Obligations (Tables)

12 Months Ended

Dec. 31, 2012

Accrued Payroll Costs and Retirement Obligations

Accrued payroll costs and retirement obligations consisted of the following (in thousands):


	December 31,
	2012		2011
Payroll and benefits	$	196,569	$	181,035
Employee retirement obligations		92,233		87,031
Workers’ compensation		28,595		24,217
Payroll taxes		44,244		63,011

	$	361,641	$	355,294

Employee Retirement Obligations

Included in employee retirement obligations is the following (in thousands):


	December 31,
	2012		2011
Deferred compensation plan and other benefits related to the Company’s Chief Executive Officer	$	74,155	$	71,603

- Definition

Tabular disclosure of pension and other postretirement benefit arrangements with individual employees, which are generally based on employment contracts between the entity and one or more selected officers or key employees, and which contain a promise by the employer to pay certain amounts at designated future dates, usually including a period after retirement, upon compliance with stipulated requirements. This type of arrangement is distinguished from broader based employee benefit plans as it is usually tailored to the employee. Disclosure also typically includes the amount of related compensation expense recognized during the reporting period and the carrying amount as of the balance sheet date of the related liability.

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