Highly Compensated Employee,
How Do You Define Highly Compensated Employee?
According to the IRS, a high-paid employee (HCE) is anyone who has done any of the following.
- Highly paid employees are those who hold more than 5% of the company's shares at any time of the year or the previous year.
- When HCE examines partnerships, federal government compliance tests determine whether all employees will be treated equally under the company's 401 (k) plan.
- The amount of HCE's participation in its own pension program depends on the non-HCE's participation in the program.
Literal Meanings of Highly Compensated Employee
Meanings of Highly:
At some level or at a higher level.
Sentences of Highly
A very dangerous substance
Synonyms of Highly
very, most, really, thoroughly, extremely, exceedingly, particularly, tremendously, hugely, greatly, decidedly, distinctly, exceptionally, immensely, eminently, supremely, inordinately, singularly, extraordinarily, vastly, overly
Meanings of Compensated:
Give something to someone, usually in recognition of money, loss, injury or loss.
Deviating or contracting (undesirable or offensive thing) using opposing force or influence.
Sentences of Compensated
Farmers are paid to cover the reduction in subsidies.
The coach hopes to win for the team's poor league campaign
Synonyms of Compensated
recompense, repay, pay back, reimburse, remunerate, recoup, requite, indemnify, make amends, make up, make restitution, make reparation, make recompense, atone, pay
Meanings of Employee:
The person who is hired or paid, especially at the non-executive level.
Sentences of Employee
In general, there is no formal structure for employee representation at the board level.
Synonyms of Employee
worker, member of staff, member of the workforce