Executive Compensation

Key Harrington Barnes PC advises both human resource (HR) departments and executives (soon to be hired, soon to leave a company or at any phase of employment) on matters related to executive compensation. Specifics may include:

  • Regular pay, bonuses and commissions
  • Deferred compensation as described in Section 409A applying to nonqualified deferred compensation that workers earn in one year, but that is paid in a future year
  • Deferred compensation in the form of elective deferrals to qualified plans (such as a 401(k) plan)
  • Perks of employment such as use of a company car, travel expense accounts, stock options or pensions
  • "Golden parachute" severance pay schemes

Great Scrutiny Goes Along With Executive Level Compensation

Legal ramifications are of great interest when stakes are high. Texas employment law attorneys at Key Harrington Barnes PC keep employers and employees alike well-informed about:

  • Tax implications of options that require choice by the executive
  • Outcomes of various "What if" scenarios in legal and financial terms
  • Effective negotiation techniques during the creation of an executive's employment contract
  • Recourse in case either party (employer or executive) violates terms of the contract
  • Ways to proceed if an executive compensation contract must be revised or terminated for any reason

Get Legal Counsel Before Creating, Signing Or Reneging On An Executive Compensation Contract

Our attorneys can help you avoid trouble or respond to trouble related to executive compensation. Call our Dallas employment law offices at 214-615-7925 or send an email to schedule a consultation with an experienced employment lawyer at Key Harrington Barnes PC.