Nev. Rev. Stat. § 31A.017

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 31A.017 - "Lump sum payment" defined

"Lump sum payment" means:

1. A commission;

2. A discretionary or nondiscretionary bonus;

3. A productivity or performance bonus;

4. Profit sharing;

5. A referral or sign-on bonus;

6. An incentive payment for moving or relocation;

7. An attendance award;

8. A safety award;

9. A cash payment award;

10. Termination pay;

11. Severance pay; and

12. Any other one-time, unscheduled or irregular payment of compensation.

NRS 31A.017

Added to NRS by 2021, 2277

Added by 2021, Ch. 382,§5, eff. 10/1/2021.