Sentences with phrase «compensation plan»
A compensation plan refers to a system or arrangement put in place by a company to determine how employees are paid and rewarded for their work. It outlines the structure and details of salary, wages, bonuses, benefits, and other incentives provided to employees based on their performance, sales, or other predetermined factors. Full definition
The compensation committee of a credit union asked me to review a proposal to use indexed universal life insurance to fund a deferred compensation plan for their new CEO.
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Detailed execution of retail compensation plan for base and commissioned components.
Q: Are there any plan features or company practices that will result in an automatic recommendation against an equity compensation plan proposal?
Nevertheless, money that is spent on executive compensation plans is money that is not available for other corporate purposes, including paying dividends to shareholders.
We work closely with clients to position companies for investment, raise capital, negotiate strategic relationships, establish IP protection practices, and create incentive compensation plans.
Whatever cultural change you are making — implementing a new compensation plan, rolling out a new technology, changing behavior — success is directly tied to the leadership associated with the change.
A well - developed compensation plan can provide a roadmap for law firms and lawyers to derive the maximum benefit from their association.
No question about it: Creating an effective sales compensation plan is hard work, but the effort typically pays off in both improved sales performance and achievement of your corporate goals.
I'd really have to see the total package, the entire compensation plan with all the benefits.
The core role and responsibility of an HR general manager is analysis of salary reports and related data in determining a competitive compensation plan.
Finally, make a decision on whether to accept the position based upon the entire compensation plan including salary, fringe benefits, and additional perks that may be offered or negotiated.
Does your firm's compensation plan provide adequate incentives and rewards for associates who originate business from existing and potential clients?
In a 14 - 2 vote, last night county lawmakers voted to give employees in the county's management compensation plan a 1.5 % raise.
Don't accept equity - only compensation plans as an employee of a startup.
However, firms rarely consider these areas of value in developing their associate compensation plans.
Although, good compensation plans have large incentives to earn extra income for performance.
In a non qualified deferred compensation plan using life insurance, the company owns and is the beneficiary of the policy on the key employee's life.
The company has totally revamped its variable compensation plan for thousands of employees, emphasizing factors that drive return on invested capital, which should boost future results.
In general, there are employee benefits questions you should ask about, to ensure that your overall compensation plan is right for you and for your family.
Moreover, it is important for people working as benefits specialists to stay current on the ever - changing federal and state regulations, so that they can tweak compensation plans accordingly.
New organizations in new markets need compensation plans reflecting the volatile environment, usually with higher - than - average base pay.
A second test on the economics of your affiliate sales program is whether or not the proposed compensation plan is compelling for your intended audience.
Employee compensation can be a sensitive subject, and people get very passionate when trying to determine the most appropriate compensation plan for any business.
According to publicly available proxy voting records, this sponsor voted 97 % of the time in favor of company compensation plans during the same period.
Develop a financial compensation plan for their doing so.
With a hybrid compensation plan, members earn bonuses on every purchase movement in their team.
We pushed the use of data in differentiated compensation so that every district had to create a differentiated compensation plan for teachers.
I don't want to leave my company, but need to know if I can have two different compensation plans with my current company since we don't currently offer these loans?
Finally, 30 percent of financial executives said that bonuses and compensation plans put pressure on them to violate the law.
That's a question every CEO should contemplate when considering any equity - like compensation plan.
Take advantage of your deferred compensation plan whether the government or private sector variety.
I think that individual contracts for teachers are the kinds of progressive ideas that can give both teachers and taxpayers more confidence in alternative compensation plans for educators.
In my company, as part of our annual compensation plan, we receive stock options.
Our team also assists both public and private companies in connection with federal and state securities law requirements when establishing executive and employee stock compensation plans or arrangements.
A well - designed compensation plan becomes one of many tools a firm can use to help reach its strategic goals.
The benefits often, on top of a death benefit, are used to purchase whole life policies that build cash value and can be part of a retirement compensation plan.
Developed new compensation tool, achieved consistent compensation plans globally and enhanced communications processes.
Your salary history might say more about your old employer's flawed compensation planning than it does about your skills.
A changing view Another explanation for the sea of change in broker compensation plans involves the changing view of real estate within corporations.
In order to stay with the same compensation plan I have, I would lose any rural land loans as I won't be competitive.
Though most compensation plans approach these three groups as if they were the same, research shows that each is motivated by something different.
Our lawyers help public, private, global, and emerging companies design and implement broad - based and executive - level equity compensation plans.
Add in consistent profit growth and a strong executive compensation plan and it becomes clear why this stock could be an excellent portfolio addition.
«For those with deferred compensation plans, determine how much you want to defer in the coming year,» he said.