Phantom stock is an employee compensation plan where employees receive cash payouts based on the company’s stock value, without owning actual shares. This incentivizes employees by aligning their interests with the company’s goals. Our attorney can assist by drafting and reviewing phantom stock agreements, advising on tax implications and regulatory requirements, and provide ongoing legal support to manage the plan effectively.
What Does the DOL’s New Wage Enforcement Policy Mean for Employers?
On June 27, 2025, the U.S. Department of Labor’s Wage and Hour Division (WHD) issued a major policy change that will significantly impact how wage...