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McNees Wallace & Nurick LLC: Equity Incentive Plans: Compensating Key Employees with Equity, Options and Equity Appreciation Awards

By: Michael L. Hund and Salvatore J. Bauccio Introduction There comes a point in the life cycle of many businesses when its employees desire equity in consideration of their services to the business-the employees want to become owners and not just work for the business and its owners. Wanting to align...

Recent OFCCP Settlement Makes Case For Affirmative Action Self-Audits

by Rick L. Etter Recently, Alcoa Mill Products Inc. agreed to pay over $500,000 in back wages to 39 female and minority applicants who were rejected for jobs at the company's plant in Lancaster, PA. The payment was part of a settlement that resolved a finding by the Office of Contract Compliance...