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Phantom Stock as an Employee Incentive Plan Ft. Paolo Pasicolan

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We know that building a sellable or transferable business not only helps an owner enjoy more freedom and control in the business today but it is also foundational for an owner to eventually realize a successful exit from the business and, it doesn’t matter if the sell to a third party, sell to key employees, an ESOP or transfer the business to family and of course to have a business that is sellable you need strong financial performance. One strategy that an owner can employ to ensure strong financial performance is implementing the right employee incentive compensation that aligns with the owner’s goals for growth...

One of the plans often used to accomplish this is a cash-based incentive plan called Phantom Stock And that’s our topic today… Phantom Stock as an Employee Incentive Plan and we are excited to have with us Paolo Pasicolan of the law firm Miles and Stockbridge Paolo has law expertise in executive compensation, employee benefits, tax, and ERISA litigation and his his clients have included large and small private and public foreign and domestic companies, partnerships, non-profit organizations, governmental entities, churches, plan fiduciaries, and individuals.