Review of Basic Manual Rule 2.B. regarding what items are included and excluded to determine payroll for workers compensation insurance.
Regarding Stock Option Plans, the New York rules further specify that when stock options are exercised, the income is not included for remuneration purposes. Source: NYCIRB Bulleting R.C. 2363, dated 03/19/14.
The material in this document has been prepared and shared for informational purposes only and should not be relied upon as legal advice on any particular situation.