![SK Wealth's Solutions & Knowledge podcast artwork](https://is2-ssl.mzstatic.com/image/thumb/Podcasts123/v4/8b/2b/09/8b2b090e-26d8-b6cd-5eef-c305b691ee10/mza_5525493682146399557.jpg/100x100bb.jpg)
Phantom Stock Plans Explained - Episode 40
SK Wealth's Solutions & Knowledge podcast
English - January 08, 2024 11:00 - 10 minutes - 4.17 MB - ★★★★★ - 6 ratingsInvesting Business News Business News Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Creating a Bonus Plan for Employees - Episode 39
Next Episode: Incorporating Bonuses into Spending - Episode 41
In today’s episode, Jason and Mac discuss phantom stock plans, a type of deferred compensation that offers employees a financial stake in the company without diluting ownership. Learn the purpose of these virtual units, how they operate, and their benefits and risks. Phantom stocks are a great way to attract and incentivize key talent without the red tape of voting rights or controlling stake in the company. For resources mentioned in this episode, check out our recent podcast Creating a Bonus Plan for Employees as well as the National Center for Employee Ownership.