Sentences with phrase «not paid the compensation»

Wrap accounts that invest in mutual funds usually are eligible to purchase classes of securities that are charged lower management fees to reflect that the mutual funds» manager is not paying any compensation to the client's dealer.
The company will not pay any compensation if there is intentional self injury suicide or attempted suicide physical defect or ill - health or there has been consumption of alcohol or drugs.
If for any reason, the LISTING BROKER is not paid the compensation set forth herein on the due date, the OWNER shall establish an escrow account with a party mutually agreeable to LISTING BROKER and OWNER and shall place into said escrow account an amount equal to the compensation set forth herein.

Not exact matches

Growing companies typically don't pay a big base salary — maybe 40 % of total compensation.
Volkswagen agreed to pay at least $ 1.26 billion in compensation in the U.S. and could pay more than $ 4 billion if regulators don't approve fixes to cars, Reuters reported based on court documents.
I often say that if selling was so easy we'd be paying high school students minimum wage to do it instead of investing millions in training and methodology development, not to mention incentivizing our sales teams with highly leveraged, lucrative compensation plans.
Having independent compensation committee members and independent compensation consultants, which was also recently mandated, doesn't change the way CEOs are actually paid.
It's possible that while Trump earned that compensation for 1995, he was not actually paid it by the company until 1996 or later.
Critics complain «say on pay» votes are ineffectual because boards aren't bound to the results, but of the 53 U.S. companies for whom shareholders rejected compensation plans in 2012, 45 made changes and got positive votes the following year, according to Institutional Shareholder Services.
In certain cases, the airline doesn't have to provide compensation even if you've paid for your ticket: If you miss the check - in deadline, the airline can say you have lost your reservation and therefore have lost the right to compensation if the flight is over-sold and you are bumped.
Charities, by and large, do not pay executives over $ 1 million, according to research from Charity Navigator, though there are exceptions and it would be difficult for a charity to explain having to use donations for a 20 percent excise tax on executive compensation.
However, for children, who may not be able to read or understand the signs, the landowner may still have to pay compensation for any injuries caused by avoidable hazards on their land (e.g. sharp tools left out).
However, executives believe companies should pay for the privilege — 63 % said employers should offer extra compensation for agreeing not to work for a competitor.
To be fair, stock - based compensation isn't new — and it's used in many industries like banking, tech, and media — so it's not as if how Tolstedt was paid is out of the ordinary.
They paid for our travel out there and asked us for nothing in return, and they are not providing any compensation, otherwise.
So, why haven't compensation committees stemmed ever - rising CEO pay?
According to Whoriskey, ``... executive compensation at the nation's largest firms has roughly quadrupled in real terms since the 1970s, even as pay for 90 percent of America has stalled...» Setting aside imprecision of language, that suggests a significant disparity — not disparity of outcomes (which are a given, here) but disparity of rate of improvement.
He wanted to study the claim by consultants that executives need to be paid extraordinarily high compensation or else they would migrate to other companies and jurisdictions, which — as it turned out — did not happen, Feinberg said, or is a «myth» as was stated in the U.K. this week.
Exxon board member Bill George led a National Association of Corporate Directors Blue Ribbon Commission on «Executive Compensation and the Role of the Compensation Committee,» which included recommendations such as not offering contracts to executives (giving the board more flexibility in how it deals with the CEO's pay and tenure), which is reflected in the pay practices at ExxonMobil.
Technology Change Not the Culprit in Wages Falling Behind U.S. Productivity Gains (Naked Capitalism) Since 1973, there has been divergence between labour productivity and the typical worker's pay in the U.S. as productivity has continued to grow strongly and growth in average compensation has slowed substantially.
If Exxon's compensation committee wishes to really enforce longer term views, they must not only do it in the time horizons over which pay is doled out but also in the time horizons of the metrics used to determine pay itself.
«Part of what Li & Fung sells» to retailers «is the right not to attend these meetings or pay into these compensation funds when people die,» said Suri Gurumurthi, a business school professor at the University of North Carolina at Chapel Hill.
«If you aren't talking with your employees about pay, chances are that they're talking to each other and creating their own story of what [the company's] compensation policy is,» said Bach.
While we may be on the cusp of change, most large company compensation committee members don't have more than a surface understanding of how their decisions to squeeze worker pay affect the economy, their businesses, and the lives of the people who work at the companies they represent.
But that's hardly fair compensation when your former cube mate gave you $ 25,000 of money she didn't really have to invest in you, took tons of risks with her money, and now has to pay a VC price for that money a year after she invested it.
The Leadership Development and Compensation Committee does not utilize the services of an outside compensation consultant to assessCompensation Committee does not utilize the services of an outside compensation consultant to assesscompensation consultant to assess pay levels.
With my passive income and deferred compensation from my old employer, I really can't afford to pay myself much.
For purposes of the offering in Canada, if all of the shares have not been sold, after the Canadian underwriters have made a reasonable effort to sell the shares at the public offer price, the Canadian underwriters may from time to time decrease or change the offering price and the other selling terms provided that the price for the shares shall not exceed the public offer price and further provided that the compensation that is realized by the Canadian underwriters will be decreased by the amount that the aggregate price paid by the purchasers for the shares is less than the gross proceeds paid by the Canadian underwriters to us or the selling stockholders.
Outrage over the financial crisis, coupled with the perception that Wall Street executives» performances have not justified their pay, led to legislative efforts aimed at curbing executive pay, compensation - related shareholder lawsuits and a tremendous amount of negative press coverage.
Intel does not pay management directors for Board service in addition to their regular employee compensation.
(a) Schedule 2.7 (a) of the Disclosure Schedule contains a list setting forth each employee benefit plan, program, policy or arrangement (including any «employee benefit plan» as defined in Section 3 (3) of the Employee Retirement Income Security Act of 1974, as amended («ERISA»)(«ERISA Plan»)-RRB-, including, without limitation, employee pension benefit plans, as defined in Section 3 (2) of ERISA, multi-employer plans, as defined in Section 3 (37) of ERISA, employee welfare benefit plans, as defined in Section 3 (1) of ERISA, deferred compensation plans, stock option plans, bonus plans, stock purchase plans, fringe benefit plans, life, hospitalization, disability and other insurance plans, severance or termination pay plans and policies, sick pay plans and vacation plans or arrangements, whether or not an ERISA Plan (including any funding mechanism therefore now in effect or required in the future as a result of the transactions contemplated by this Agreement or otherwise), whether formal or informal, oral or written, under which (i) any current or former employee, director or individual consultant of the Company (collectively, the «Company Employees») has any present or future right to benefits and which are contributed to, sponsored by or maintained by the Company or (ii) the Company or any ERISA Affiliate (as hereinafter defined) has had, has or may have any actual or contingent present or future liability or obligation.
(l) Except as otherwise set forth in Schedule 2.7 (l) of the Disclosure Schedule, (i) the Company is not and will not be obligated to pay separation, severance, termination or similar benefits as a result of any of the transactions contemplated by this Agreement, nor will any such transactions accelerate the time of payment or vesting, or increase the amount, of any benefit or other compensation due to any individual; and (ii) the transactions contemplated by this Agreement will not cause the Company to record additional compensation expense on its income statements with respect to any outstanding Stock Option or other equity - based award.
The downside of a P / E is that it is based on historic earnings, and that those earnings could be low for a specific and not - to - be-repeated event (for example, a bank taking bad debt provision, or san oil company paying compensation for environmental issues).
* For employees it is a way to persuade current executives into getting pay raises in a way that hits the bonuses current executives, who are signing their employment contract, less than the bonuses of future executives and shareholders, who will have to pay those raises; hoping that future executives and shareholders will not renege on the promises of deferred compensation by previous ones.
It wasn't the ideal way to start out as a public company, but it was a clear reminder how much board compensation remains a hot issue, especially with say - on - pay voting continuing to spread.
Total compensation per employee consists of many different elements, including not only negotiated / imposed wage settlements, bracket creep (employees moving up within their pay range), composition of employment (professional vs clerical), pay equity, pension and other future employee benefit costs driven in part by market conditions, Canada and Quebec Pension Plan contributions (which increase by the annual increase in the industrial wage), among others.
Because the restricted shares are accounted for as options, the Notes are not recorded in the accompanying consolidated balance sheets, the shares are excluded in the totals for common stock outstanding as of April 30, 2012 and 2013 and December 31, 2013, and compensation cost is recognized over the requisite service period with an offsetting credit to additional paid - in capital.
It also includes railroad unemployment compensation benefits and disability benefits paid as a substitute for unemployment compensation, but not worker's compensation
The phenomenon is the result of several converging forces: pressure from activist shareholders; executive compensation programs that tie pay to per - share earnings and share prices that buybacks can boost; increased global competition; and fear of making long - term bets on products and services that may not pay off.
Health insurance is not taxed in the same way as other forms of compensation, so an investment banker may prefer a health plan that covers everything instead of one with a big deductible that she has to pay out of her post-tax salary.
Additionally, under a special Code Section 162 (m) exception, any compensation paid pursuant to a compensation plan in existence before the effective date of this public offering will not be subject to the $ 1,000,000 limitation until the earliest of: (i) the expiration of the compensation plan, (ii) a material modification of the compensation plan (as determined under Code Section 162 (m), (iii) the issuance of all the employer stock and other compensation allocated under the compensation plan, or (iv) the first
The pullback in government support was often justified by the idea that employee stock ownership may be a risky substitute for fixed worker pay, but almost all the studies indicate that employee stock ownership in the form of ESOPs does not come at the expense of workers taking lower wages or other forms of compensation.
In addition, although we have not adopted a formal policy regarding tax deductibility of compensation paid to our NEOs, we intend to consider tax deductibility under Code Section 162 (m) as a factor in our compensation decisions.
While we can not predict how the deductibility limit may impact our compensation program in future years, we intend to maintain an approach to executive compensation that strongly links pay to performance.
«RESOLVED: The stockholders of FedEx Corporation (the «Company») urge the compensation committee of the board of directors to adopt a policy that the Company will not pay the personal taxes owned on restricted stock awards on behalf of named executive officers.
The group incentive nature of employee stock ownership and profit sharing makes this an effective way to create and reinforce a sense of common purpose, and to encourage higher commitment and productivity.23 It is also the case with ESOPs that the new ownership might not be viewed by the firm in the same way as other added compensation because the ownership is financed through loans to buy new capital as company stock, with Federal tax incentives, and the shares are not paid as normal wages and benefits out of company budget reserved for this purpose.
However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions can not disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information.
One figure is realizable pay; the other is a breakdown of CEO compensation granted but not necessarily earned for the year in review, presented in the CEO Compensation Breacompensation granted but not necessarily earned for the year in review, presented in the CEO Compensation BreaCompensation Breakdown table.
If you do not have a paying job but your spouse has taxable compensation, you can still open an IRA.
And once again, certain «cool kid» companies and the cheerleading analysts are pretending that compensation paid in equity isn't an expense because it is «non-cash.»
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