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Drivers are still finding "obscure and ridiculous" questions when they have to take the written driving test at the DMV. (Irfan Khan / Los Angeles Times) I wouldn’t call it an atmospheric river ...
Often, an employee may have ESOs exercisable at different times and different exercise prices. Quantity: Standardized stock options typically have 100 shares per contract. ESOs usually have some non-standardized amount. Vesting: Initially if X number of shares are granted to employee, then all X may not be in his account.
The DMV has some good news (it's dumping more stupid questions from the license renewal test) and some not-so-good news (the 'virtual assistant' needs work).
The California Department of Motor Vehicles (DMV) is the state agency that registers motor vehicles and boats and issues driver licenses in the U.S. state of California. It regulates new car dealers (through the New Motor Vehicle Board), commercial cargo carriers, private driving schools, and private traffic schools.
Many employer-provided cash benefits (below a certain income level) are tax-deductible to the employer and non-taxable to the employee. Some fringe benefits (for example, accident and health plans, and group-term life insurance coverage (up to US$50,000) (and employer-provided meals and lodging in-kind, [22]) may be excluded from the employee's ...
Less commonly, the vesting schedule may call for variable grants or subject to conditions such as reaching milestones or employee performance. "Graded vesting" or called retable vesting (vesting after each year until the employee is fully vested) may be "uniform" (e.g., 20% of the compensation vested each year for five years) or "non-uniform ...
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Employees are always entitled to the vested accrued benefit earned to date. If an employee leaves the company before retirement, the benefits earned so far are frozen and held in a trust for the employee until retirement age or in some instances the employee is able to take away a lump sum value or transfer the value to another pension plan.