Key Employee Definition
What is a Key Employee? | Checklist & Templates - Genie AI
Key employees are the individuals with specialized knowledge, skills, and abilities that are essential for a company's success.
Definition: key employee from 26 USC § 401(h) - Law.Cornell.Edu
For purposes of paragraph (6), the term “key employee” means any employee, who at any time during the plan year or any preceding plan year during which ...
Key Employee Definitions from Business Contracts
Key Employee. Means any executive-level employee (including division director and vice president-level positions) as well as any employee who, either alone or ...
definition. Plan sponsors who are non-ExACCT census filers should identify key employees with “Y” and former key employees with “F.” Key employees include ...
key employee definition · LSData - LSD.Law
A key employee is a salaried employee who is among the highest paid 10 percent of all employees employed by an employer within 75 miles of the employee's ...
Highly Compensated Employee | Retirement Glossary Term
Highly-compensated employee vs. key employee ... All key employees are highly-compensated employees; but not all HCEs are key employees. It's important to ...
What is a Key Employee? - HireQuotient
A key employee is defined as a salaried employee who is among the highest-paid 10 percent of all workers employed by the employer. Get Started Now.
Tribal Key Employees | State of California - Department of Justice
A "key employee" is defined as a person employed in the operation of a tribal gaming facility in a supervisory or management capacity.
Key Employee: Definition, Qualities & How to Develop Them - Keka
A “Key Employee” is a salaried employee paid on a salary basis regardless of work performance. This includes both exempt and non-exempt employees but not ...
KEY EMPLOYEE Definition & Meaning - Black's Law Dictionary
Find the legal definition of KEY EMPLOYEE from Black's Law Dictionary, 2nd Edition. Essential, main employee stakeholder in corporate operations.
Key Employees Defined - Deferred Compensation, Etc. - Explanations
Key Employees Defined ... The limit on the number of officers treated as key employees under (1) continues to apply (IRC § 416(i)(1)(A)). Thus, no more than 50 ...
Retain My Key Employees | Consolidated Planning
Key Employees are those that have a DISPROPORTIONATE IMPACT on your company's bottom line. Losing these employees for any reason (especially to the competition) ...
The Top Heavy Test - What You Need to Know - Employee Fiduciary
A Key Employee is defined as any employee (including former or deceased employees), who at any time during the year was: An officer making over ...
Key Employee Definition - Nolo
Key Employee Definition ... For purposes of the Family and Medical Leave Act (FMLA), a salaried employee who is in the highest-paid 10% of the company's employees ...
Key Employee Retention & Retirement
Having the right tools to recruit, reward, retain, and retire key employees can make all the difference for a business. Work with us to help your clients ...
What is the FMLA key employee provision? - SHRM
No more than 10 percent of the employer's employees within 75 miles of the worksite may be key employees." After identifying an employee as a "key employee," ...
The IRS Term for Highly Compensated Employees - YouTube
Today, we will talk about the term 'Key Employee' and its implications for businesses. A key employee is someone with a major ownership or ...
Highly Compensated and Key Employees
The Key employee definition comes into play in the “top heavy” test. Each year, it must be determined if the plan is top heavy. A top heavy ...
key employee Definition, Meaning & Usage - Justia Legal Dictionary
key employee - A salaried worker who falls within the top 10% of earners at a company's location, whose long absence could significantly harm the business ...
Definition of a Key Employee. A key employee is someone within an organization who possesses unique skills, knowledge, or expertise critical to the business's ...