Highly Compensated Employee 2024 Definition In Tamil. An hce can be defined as an employee who owned more than 5% of the company at any time during the year (or the year before). Highly compensated employees refer to the employees who own more than 5% of the interest in a business or receive compensation.
Who is a highly compensated employee? Hces are typically executives, managers, or other highly skilled or specialized employees who earn a higher income than other employees within their company.