According to the IRS, a highly compensated employee is someone who either owned more than 5% of the interest in the business at any time during the year or the preceding year (regardless of how much compensation that person earned or received) or, received more than $155,000 in compensation...
A key employee is an employee with a major ownership and/or decision-making role in the business. Key employees are usually highly compensated either monetarily with benefits, or both. Key employees may also receive special benefits as an incentive both to join the company and to stay with th...
Google Share on Facebook efficiency (redirected fromHighly efficient) Thesaurus Medical Financial Encyclopedia ef·fi·cien·cy (ĭ-fĭsh′ən-sē) n.pl.ef·fi·cien·cies 1. a.The quality or property of being efficient. b.The degree to which this quality is exercised:The program was ...
It's not the biggest cruise operator in the world, but Royal Caribbean Cruises can boast plenty of superlatives: It operates the largest individual cruise line by passenger capacity, sails the world's largest cruise ships, and — last year at least — employed the most highly compensated CEO....
Restorative benefits and equity-based performance plans for highly compensated executivesTAX / EMPLOYEE BENEFITS
Highly compensated employees (HCE) have special rules on contribution limits to their 401(k)s. Understand what an HCE is and the IRS rules these employees must follow.
Golden parachute payments.(tax treatment of highly compensated employee severance payments made in conjunction with business acquisitions)Powers, Kevin F