Stock compensation is a way in which corporations use stocks or stock options to reward employees instead of cash.
Equity compensation is often subject to a vesting period before it can be collected and sold by an employee.
Vesting periods are often three to four years, typically starting on the first anniversary of the date the employee became eligible for share compensation.
The two types of share awards are non-qualifying share options (NSO) and incentive share options (ISO).
Some companies reward managers and top managers with shares for performance while meeting certain performance metrics such as earnings per share (EPS) or return on equity (ROE).
The chief technology officer (CTO) is the chief executive who is responsible for managing the research and development (R&D) of an organization as well as its technology needs.
A living wage is a socially acceptable level of income that provides adequate coverage for basic needs such as food, housing, children’s services and health care.
A retention bonus is a targeted lump sum payment or reward, in addition to an employee’s normal salary, that is offered as an incentive to keep a key employee at work.
Unemployment benefits are benefits paid to people who have recently lost their jobs through no fault of their own, such as being fired or closing a business.
Wellness programs are provided by companies, governments and insurance companies to encourage people to live healthier lives.
“These programs increase productivity, reduce sick days, reduce insurance costs, reduce employee turnover, and reduce workers’ compensation claims.