18-276 18-276 . . . Director Incentive Compensation Plan under which eligible directors are granted automatic, nondiscretionary annual awards of 100 shares of common stock to each eligible director at no cost to director upon election or re-election by stockholders. The Board may amend award formula to no greater than 500 shares per year per director
Arkansas Director Incentive Compensation Plan
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FAQ
The adoption of Internal Code Section 179 will result in the Arkansas Section 179 deduction being raised from $25,000 per year to $1,080,000 for tax years beginning in 2022 and for the dollar-for-dollar phaseout being raised from $200,000 to $2,700,000.
Classification and compensation plans group positions on the basis of a uniform criteria (i.e. job duties and knowledge requirements). It then allocates positions to salary grades that reflect their relative worth to the organization.
11-4-610. (a) No employer shall discriminate in the payment of wages as between the sexes or shall pay any female in his or her employ salary or wage rates less than the rates paid to male employees for comparable work.
The purpose of the Class and Comp Act is to establish uniform classifications and a uniform compensation system, including the eligibility for salary adjustments, establishing extra-help positions, and eligibility for a shift or compensation differential.
What are government revenue and spending? Government revenue is the money the state government receives from all the taxes Arkansans pay, voluntary fees Arkansans pay (such as college tuition), and transfers from the federal government.
Arkansas courts recognize the right of employers to fire employees under the ?employment at-will doctrine? where an employer-employee relationship remains completely terminable at will (other than for discriminatory reasons related to age, sex, race or religious beliefs) by either the employer or employee, unless there ...
Right-to-Work Laws An employer cannot deny or otherwise condition an employee's right to work upon that employee's membership or non-membership in any labor union or labor organization. Ark. Code Ann. §§ 11-3-302 - 304.
ArkPlus Income Tax Credit (ACA §15-4-2706(b)) The Consolidated Incentive Act 182 of 2003, as amended, allows the Arkansas Economic Development Commission (AEDC) to provide a ten percent (10%) income tax credit to eligible businesses based on the total investment in a new location or expansion project.
