We will have the right to require repayment of the loan by the disabled employee or the employee’s estate in the event of death. Of course, you can determine if you want to forgive this debt upon this occurrence.
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Articles in this section
- Verifying a bank account using Micro-Deposits
- Bonus statuses on Keep
- How are collections handled?
- How can I educate my employees and potential hires on how Keep works?
- What happens in the event of death/disability of an employee that receives a Keep Bonus?
- How do Keep Vesting Cash Plans impact my financial statements?
- How are taxes handled on a Vesting Cash Bonus?
- How are the vesting milestones tracked?
- How long does it take Keep to process payments to the employees?
- How do I fund my Keep Vesting Cash Plans?