Montana Short-Term Incentive Plan

State:
Multi-State
Control #:
US-CC-7-588C
Format:
Word; 
Rich Text
Instant download

Description

This sample form, a detailed Short-Term Incentive Plan document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
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FAQ

Montana is the only state that is not an at-will-employment state. Montana enforces a "good cause" standard for terminating employment. Mont. Code § 39-2-903 & Mont.

Some states require companies to pay employees for unused PTO upon termination. More than 20 states require PTO payout by law. California, Montana and Nebraska prohibit employers from implementing a use-it-or-lose-it policy.

What does it mean for Montana not to be an at-will state? Montana is one of the only states whose law allows for employees to have an extra-layer of protection. In other states employers can fire an un-contracted at-will employee at any time and for any legal reason.

Beginning in 1982, Montana's Supreme Court created exceptions to the state's at-will employment scheme that increased employers' liability and the damages workers could claim for firings.

Montana law provides pregnant employees are entitled to receive a ?reasonable? leave of absence for maternity. ?Reasonable? in the case of a normal pregnancy and delivery is deemed to be six (6) calendar weeks, and this period of leave will be granted after the birth of a child, if requested.

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Montana Short-Term Incentive Plan