FAQs

It depends on the reasonableness of scope, geographic area, industry, and time. There are other factors that come into play as well, such as legal challenges to the agreement. Reach out to Klimpl Benefits Law today if you want to learn more about non compete agreements.

It depends. The significant factor is the size of the employer and if they employ more than 50 full-time employees, in our professional experience. If you have any questions about benefits law, contact our team. We can help with executive compensation, employment laws, and more.

There is a broad range of severance packages. Please contact us so we can discuss the details. We can also assist with executive compensation and much more.

It depends. Equity compensation is driven by the form of business in question, such as a corporation or limited liability company. It being a public or private business also plays a part. Equity compensation may also be included in an executive compensation package.

Phantom equity is a contractural promise to pay something of value in the future to an employee or other service provider. It may be included as part of an executive compensation package.

It's used to incentivize employees and other providers to perform for the business. It's also used to align the financial interests of employees with those of a company's owners. We can help you understand phantom equity and executive compensation. Contact us today.

Most private-sector employers, including non-profits. It depends on the type of plan they maintain. Contact us today to learn more about benefits law, including executive compensation.

According to Statista, there were over 1.2 million people working in legal occupations in the United States as of 2023. We are here to help you understand the laws regarding employee benefits.