Cliff vesting is when an employee becomes fully vested on a specified date rather than becoming partially vested in increasing amounts over an extended period . Typically, plans have a four-year vesting schedule plan with a one-year cliff.
Cliff vesting is when an employee becomes fully vested on a specified date rather than becoming partially vested in increasing amounts over an extended period . Typically, plans have a four-year vesting schedule plan with a one-year cliff.