The-definition.com

Definition

Key employee

Key employee can be defined as under FMLA statutes, a key employee is defined as a salaried employee who is among the highest-paid 10% of all workers employed by the employer within a 75- mile radius. Under ERISA, a key employee is defined as a plan participant who is a highly compensated officer or company owner.

Share it:  Cite

More from this Section

  • Internal Supply
    Internal Supply refers to current members of the organizational workforce who can be retrained, ...
  • School-to-Work Opportunities Act of 1994
    School-to-Work Opportunities Act of 1994 is a national effort to develop a school-to-work ...
  • Central Tendency
    Central tendency means a tendency to rate all employees the same way, such as rating them ...
  • Unsafe Conditions
    Unsafe conditions are the mechanical and physical conditions that cause accidents. They ...
  • Salting
    Salting refers to paid union organizers who apply for jobs with an employer for the purpose ...