Key Employees Defined
Key Employee: The IRS Term for Highly Compensated Employees
A key employee is an employee with major ownership and/or decision-making role in the business. Key employees are usually highly compensated either ...
What is a key employee? - PeopleKeep
Key employees aren't your average workers. These employees are key to the overall success of a company. They typically influence the ...
Who Are Highly Compensated and Key Employees? | DWC
Officer test: An individual is a key employee if he or she is an officer of the company sponsoring the plan and receives actual compensation for the year of ...
Definition: key employee from 26 USC § 416(i)(1) - Law.Cornell.Edu
key employee ... For purposes of clause (i), no more than 50 employees (or, if lesser, the greater of 3 or 10 percent of the employees) shall be treated as ...
Key employee ... A key employee is defined by the IRS as an employee, either living or dead, who meets one of the following three criteria: ... All other employees ...
Key Employees: Definition and Their Influence | Indeed.com
Also known as keymen or key personnel, key employees refer to employees with a large amount of ownership or a decision-making role within a ...
Key Employees - elaws - Family and Medical Leave Act Advisor
Under certain circumstances, an employer may deny job restoration to "key employees." A "key employee" is a salaried, FMLA-eligible employee who is among ...
FMLA Matters: What Does It Mean to Be a "Key Employee"?
First, a key employee is one who must be paid on a salary basis, as that term is used in the U.S. Department of Labor regulations governing the ...
Is my 401(k) top-heavy? | Internal Revenue Service
Key employees are officers or owners of your business who at any time during the year before your testing date were: ... A non-key employee is ...
What is a Key Employee? Definition and Explanation - AllVoices
A key employee is an individual who holds a critical position within an organization and possesses skills, knowledge, or experience that are essential to the ...
Definition of Key Employee - Nonprofit Accounting Basics
The employee has or shares the ability to control or determine 10% or more of the organization's capital expenditures, operating budget, or ...
What is a 'Key Employee' Under FMLA & Why You Should Care
Under the FMLA, a “key employee” is defined as “a salaried, FMLA-eligible employee who is among the highest paid 10 percent of all the employees ...
What is a Key Employee? | Checklist & Templates - Genie AI
A: US law defines a key employee as an individual who is necessary for the successful operation of an organization or business. Generally speaking, key ...
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.
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 ...
Key Employee Definition: 10k Samples - Law Insider
Define Key Employee. means any executive-level employee (including, division director and vice president-level positions) as well as any employee who, ...
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 ...
Are You a “Key Employee” Under the Family Medical Leave Act?
Section 825.217(a), a key employee is defined as an employee who receives a salary and is among the highest-paid 10% of all employees that work ...
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 ...