Employee stock options are part of an employment contract and can come in the form of vested or unvested stock options. They cannot be sold right away and are generally not transferable. Companies offer multiple stock options depending on employee dedication and performance. Employee shares usually have a longer duration period and must be taxed. […]
Employee benefits are compensation given to employees by their employers, including legally required benefits such as workers’ compensation, family and medical leave, social security, and unemployment insurance. Employers also offer optional benefits to attract and retain employees. COBRA benefits provide discounted health insurance to former employees. Workers’ compensation is crucial for injured workers to continue […]
Employee disclosure involves providing information that affects an individual’s status as an employee. The level of disclosure required varies by industry and jurisdiction, with some prohibiting certain types of information. Failure to disclose or providing false information can result in termination or legal trouble. The purpose of disclosure is to protect employers and customers from […]
Employee trusts are a type of trust created by employers for the benefit of their employees, with the employer as the grantor and the employees as beneficiaries. The trustee manages the trust, which can include an ESOP or pension fund. The ESOP allows employees to receive shares of the trust without contributing, based on factors […]
The fashion industry offers a variety of job opportunities beyond design and production, including sales, marketing, logistics, and administration. Working as an assistant or basic employee can be a good way to enter the industry. There are many different types of businesses in the fashion industry, not all directly related to the design or production […]