Accrued Payroll Costs and Retirement Obligations (Tables)

9 Months Ended

Sep. 30, 2013

Accrued Payroll Costs and Retirement Obligations

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


	September 30, 2013		December 31, 2012
Payroll and benefits	$	247,536	$	196,569
Employee retirement obligations		94,664		92,233
Workers’ compensation		31,245		28,595
Payroll taxes		24,481		44,244

	$	397,926	$	361,641

Employee Retirement Obligations

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


	September 30, 2013		December 31, 2012
Deferred compensation plan and other benefits related to the Company’s Chief Executive Officer	$	75,512	$	74,155

- 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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