Phantom stock arrangement
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Phantom stock arrangement is an employee incentive plan. A technique in which a company gives its employees the benefits that come with owning stock, including dividends, but does not actually give them stock in the company.
Definition
According to the HRBoK Guide,
- Phantom stock arrangement. An employee incentive plan. A technique in which a company gives its employees the benefits that come with owning stock, including dividends, but does not actually give them stock in the company.
