Employee Benefits Required by Law
In difficult economic times, most people are grateful for work. Most of us expect to work harder and to forgo bonuses and other perks. However, there are certain benefits to which all employees are entitled to by law and that should not be negotiable. Minimum Wage The Fair Labor Standards Act provides that a federally established minimum wage shall be provided to workers in the …
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Using Incentive Stock Option Agreements to Attract and Retain Key Employees
No matter what the status of current economic conditions, businesses often compete to hire the best, most talented people possible. Employees who are choosing between different companies consider the entire employment package being offered including working conditions, paid time off, benefits and, of course, compensation. Compensation includes not only salary but also bonuses and stock …
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