What Are Your Compensation Options If You Are an Employer

question 34

Essay

What are your compensation options if you are an employer who needs to transfer an employee from a low cost-of-living area to a high cost-of-living area?

---

Definitions:

Retirement

The point in time when an individual chooses to leave the workforce permanently, usually associated with reaching a certain age or financial security.

Par Value

The face value of a bond or the stock value stated in the corporate charter, which is typically a minimal amount not reflective of the market value.

Installment Note

A debt instrument that requires a series of payments over time, often including both interest and principal.

Annual End-Of-Year

A term typically referring to financial transactions or reports that are calculated, summarized, or finalized at the end of the fiscal year.