Nevada Executive Incentive Plan

State:
Multi-State
Control #:
US-CC-20-270
Format:
Word; 
Rich Text
Instant download

Description

20-270 20-270 . . . Executive Incentive Plan under which corporation can award restricted stock and units. Restricted stock consists of common stock of corporation which contains restrictions on transfer and forfeiture in event of termination of employment prior to expiration of time period specified in grant. units are equivalent of corporation's book value per share and are issued and credited on corporation's books to employees on condition that said units must be resold to corporation. Corporation must purchase units at end of 5 year incentive period or upon termination of employment (whichever comes first) for amount equivalent to book value at that time plus dividends declared during incentive period and less book value on date of grant
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FAQ

Overall, 56% of employees would recommend working at State of Nevada to a friend. This is based on 366 anonymously submitted reviews on Glassdoor.

The average State of Nevada salary ranges from approximately $40,662 per year for Milker to $101,301 per year for Counselor. Average State of Nevada hourly pay ranges from approximately $10.00 per hour for Shipping and Receiving Clerk to $80.70 per hour for Board Certified Behavior Analyst.

Eligible employees in the Executive and Judicial Branch who were active on March 31, 2023 will receive the first retention incentive of $500.00 on their April 28, 2023 paycheck.

As of , the average hourly pay for a Hourly Rate in Las Vegas is $17.29 an hour.

Employee/Employer Contribution Plan You and your employer share equally in the contribution to PERS, currently 17.50% each. Your after tax contribution is refundable upon termination of employment, if you do not elect to receive a monthly retirement benefit.

The average State of Nevada salary ranges from approximately $40,662 per year for Milker to $101,301 per year for Counselor. Average State of Nevada hourly pay ranges from approximately $10.00 per hour for Shipping and Receiving Clerk to $80.70 per hour for Board Certified Behavior Analyst.

$42,566 is the 25th percentile. Salaries below this are outliers. $75,301 is the 75th percentile.

Section 608.120 - Payment of commissions 1. If an employer and an employee agree that the employee is to be paid by commission based upon a sale, the employer shall pay each commission to the employee when the commission becomes payable pursuant to the agreement.

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Nevada Executive Incentive Plan