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Phantom Stock Provides Key Employee with a Benefit Equivalent to Being a Part Owner in the Business
Intelligencer Journal in Lancaster Newspapers
Jan. 16, 2007
Excerpt: For family businesses and other closely-held companies it is a common problem for the family owners to compensate fairly and motivate essential, nonfamily key employees. A phantom stock plan is an excellent way to give employees an opportunity to share in the family business' success and give them a stake in the business.
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