Kollath CPA
OCTOBER 11, 2021
Your business is doing well, and you want a way to share some of your firm’s profits with the people who helped create its success. The solution might seem obvious: create a profit-sharing plan based on the performance of the company. Should You Introduce Profit-Sharing? You can choose either: 1.
Vantage Circle
JUNE 16, 2021
If that's the case, a profit-sharing plan is just right for you! According to a Gallup poll, 40% of the employees want profit-sharing options as a part of their compensation plan. In simple words, profit-sharing is a way to contribute a portion of your company's profit to your employees.
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HR Lineup
FEBRUARY 1, 2024
Variable Pay: Performance-Based Incentives Variable pay, also known as performance-based pay, includes bonuses, commissions, and profit-sharing plans. HR professionals need to understand the intricacies of stock-based compensation, including vesting schedules, exercise prices, and tax implications.
Vantage Circle
SEPTEMBER 26, 2021
While phantom stocks may sound good right now, there are many things you should know before you give phantom shares to your employees, including how they work and the tax implications. In this article, I will help you understand what phantom shares are, why they're different from other types of equity, and how to set them up.
Vantage Circle
SEPTEMBER 30, 2021
With the ESPP, employees can buy company stock at a discount, with funds deducted from their paycheck on a pre-tax basis. An employee stock purchase plan has a defined offering period during which compensation deductions are made. Under a qualified ESPP, employees can buy the stock at a discount and a discount without tax leverages.
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