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...
Order: IRS taxation Rules For Highly Compensated Employees Available 1:00 till 2:30pm Eastern or via On-Demand Qty: Details Dates Presenter CreditsShare This: Share on Facebook Share on TwitterHR Training Center 5755 North Point Parkway Suite 227 Alpharetta, GA 30022 770-410-1219 support@HR...
There are other IRS and government rules that have different definitions of "key employee" for different purposes. The company may define the work of the employee as vital to the infrastructure and operation of the business, even though that employee may not have a highly-visible role in terms...