In taking a closer look at the trajectories of icebergs in 1912, Bing and his colleague noticed one iceberg that stood out: one that calved from a glacier in southwest Greenland in 1911 and passed closest to the site at which Titanic went down.
Popular Terms. Employee that is considered to be a key stakeholder in the operation of a company. The Internal Revenue Service (IRS) defines a key employee as anyone who owns greater than 5% of the company assets and/or receives compensation that is over a certain threshold set by the IRS.
Key employee is also a term used by the Internal Revenue Service in regard to company-sponsored defined contribution retirement plans to refer to an employee who owns more than 5 percent of the business, owns more than 1 percent of the business and has annual compensation greater than a certain amount or is an officer with compensation greater than a certain amount.