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...
The IRS defines a highly compensated employee as someone who meets either of the following criteria : Owned more than 5% of the interest in the business at any time during the year or the preceding year, regardless of compensation. Received compensation from the business of more than $155,000...
Sign up with one click: Facebook Twitter Google Share on Facebook (redirected fromhighly) Also found in:Dictionary,Thesaurus,Medical,Idioms,Encyclopedia,Wikipedia. HIGH. This word has various significations: 1. Principal or chief, as high constable, high sheriff. 2. Prominent, in a bad sense,...
What is a Key Employee? A key employee is an employee with major ownership and/or decision-making role in the business. Key employees are usually highly compensated either monetarily or with benefits, or both. Key employees may also receive special benefits as an incentive both to join the c...
Golden parachute payments.(tax treatment of highly compensated employee severance payments made in conjunction with business acquisitions)Powers, Kevin F
Employee engagement:All these efforts have not only driven high engagement within the organisation, but have also improved overall retention. For instance, the company focuses on two aspects while measuring employee engagement — the willingness of employees to stay with the company and their recommenda...
Restorative benefits and equity-based performance plans for highly compensated executivesTAX / EMPLOYEE BENEFITS