West Virginia Equity Compensation Plan
Description
How to fill out Equity Compensation Plan?
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FAQ
Equity compensation, also known as share-based compensation, is a type of non-cash pay that a company offers to employees to partake in ownership of the firm. Some examples are stock options, restricted stock, stock appreciation rights (SARs) and ESPPs.
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. At times, equity compensation may accompany a below-market salary.
Answer: B Explanation: B) Internal equity refers to how fair the job's pay rate is when compared to other jobs within the same company.
Internal equity means equal pay within an organization. Employees with similar positions, skill sets, and experience within a company are paid similarly. This includes salary, benefits, and other forms of pay.
External equity compares pay in your business against the external market. With external equity, you can see what the external market is paying for similar jobs within your industry. For example, you can look at external equity to see what your company is willing to pay versus one of your competitors.
