Vermont Equity Compensation Plan

State:
Multi-State
Control #:
US-CC-7-867
Format:
Word; 
Rich Text
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Description

This sample form, a detailed Equity Compensation 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

Equity compensation is non-cash pay that is offered to employees. Equity compensation may include options, restricted stock, and performance shares; all of these investment vehicles represent ownership in the firm for a company's employees.

The Vermont Fair Employment Practices Act makes it illegal for an employer to discriminate on the basis of race, color, religion, ancestry, national origin, sex, sexual orientation, place of birth, age (age 18 and over), handicap (disability) and HIV status.

With regard to equal pay, the new law makes it unlawful for an employer to pay employees of different sexes different wages for equal work requiring equal skill, effort and responsibility.

The Equal Pay Act requires that men and women in the same workplace be given equal pay for equal work. The jobs need not be identical, but they must be substantially equal.

As of , the average annual pay for a State Trooper in Vermont is $63,931 a year.

Vermont Minimum Wage Rates As of 2023, the Vermont minimum wage rate is $13.18 per hour, while the federal minimum wage remains at $7.25 per hour.

Major employment laws include: The Equal Pay Act of 1963 prohibits sex-based wage discrimination between men and women in the same establishment who perform jobs that require substantially equal skill, effort and responsibility under similar working conditions.

Average State of Vermont hourly pay ranges from approximately $16.99 per hour for Senior Call Center Representative to $36.15 per hour for Director of Care. The average State of Vermont salary ranges from approximately $42,384 per year for Copy Editor to $124,000 per year for Chief Operating Officer.

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Vermont Equity Compensation Plan