Not exact matches
We believe our ability to grant equity -
based awards is a valuable and necessary
compensation tool that aligns the long - term
financial interests
of the employees and directors with the
financial interests
of our stockholders.
Paying a significant portion
of variable
compensation to our senior employees in the form
of equity -
based compensation that delivers over time and is subject to forfeiture or recapture encourages a long - term, firmwide focus because its value is realized through long - term responsible behavior and the
financial performance
of our firm.
For the individual serving as the chief executive officer
of the Company at the end
of the taxable year and for the individuals serving as officers
of the Company or a subsidiary at the end
of such year who are among the three highest compensated officers (other than the chief executive officer and chief
financial officer) for proxy reporting purposes, Section 162 (m)
of the Code limits the amount
of compensation otherwise deductible by the Company and its subsidiaries for such year to $ 1,000,000 for each such individual except to the extent that such
compensation is «performance -
based compensation.»
The GNC generally recommends changes in director
compensation to the Board for its approval every two years,
based on its review
of competitive pay data for non-employee directors
of financial services companies in the Company's Peer Group.
In 2017, Mr. McNeill earned an aggregate $ 395,803 in variable
compensation based on the achievement
of certain target levels
of (i) vehicle deliveries during the third and fourth quarters
of 2017, (ii) operational and
financial metrics relating to vehicle service performance and costs during 2017, and (iii) customer satisfaction scores during 2017.
Historically the GNC has recommended changes in director
compensation to the Board for its approval every other year,
based on its review
of competitive pay data for non-employee directors
of the
financial services companies in the Company's Peer Group.
In sum, «performance bonuses and equity -
based compensation should have aligned the
financial interests
of shareholders and managers.
Other specific duties and responsibilities
of the HR and
Compensation Committee include reviewing senior management selection and overseeing succession planning, including reviewing the leadership development process; reviewing and approving objectives relevant to executive officer compensation, evaluating performance and determining the compensation of executive officers in accordance with those objectives; approving severance arrangements and other applicable agreements for executive officers; overseeing HP's equity and incentive compensation plans; overseeing non-equity based benefit plans and approving any changes to such plans involving a material financial commi
Compensation Committee include reviewing senior management selection and overseeing succession planning, including reviewing the leadership development process; reviewing and approving objectives relevant to executive officer
compensation, evaluating performance and determining the compensation of executive officers in accordance with those objectives; approving severance arrangements and other applicable agreements for executive officers; overseeing HP's equity and incentive compensation plans; overseeing non-equity based benefit plans and approving any changes to such plans involving a material financial commi
compensation, evaluating performance and determining the
compensation of executive officers in accordance with those objectives; approving severance arrangements and other applicable agreements for executive officers; overseeing HP's equity and incentive compensation plans; overseeing non-equity based benefit plans and approving any changes to such plans involving a material financial commi
compensation of executive officers in accordance with those objectives; approving severance arrangements and other applicable agreements for executive officers; overseeing HP's equity and incentive
compensation plans; overseeing non-equity based benefit plans and approving any changes to such plans involving a material financial commi
compensation plans; overseeing non-equity
based benefit plans and approving any changes to such plans involving a material
financial commitment by HP;
Under Section 162 (m), the amount
of compensation earned by the Chief Executive Officer, and any executive whose
compensation is required to be reported to stockholders by reason
of such executive being among the three other most highly - paid executive officers
of the Company (excluding the Chief
Financial Officer) in the year for which a deduction is claimed by the Company (including its subsidiaries) is limited to $ 1 million per person, except that
compensation that is performance -
based will be excluded for purposes
of calculating the amount
of compensation subject to the $ 1 million limitation.
on a pro forma
basis, giving effect to (i) the automatic conversion
of all
of our outstanding shares
of convertible preferred stock other than Series FP preferred stock into shares
of Class B common stock and the conversion
of Series FP preferred stock into shares
of Class C common stock in connection with our initial public offering, (ii) stock -
based compensation expense
of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service -
based vesting condition was satisfied as
of December 31, 2016 and which we will recognize on the effectiveness
of our registration statement in connection with a qualifying initial public offering, as further described in Note 1 to our consolidated
financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital
of $ 187.2 million in connection with the withholding tax obligations,
based on $ 16.33 per share, which is the fair value
of our common stock as
of December 31, 2016, as we intend to issue shares
of Class A common stock and Class B common stock on a net
basis to satisfy the associated withholding tax obligations, (iv) the net issuance
of 7.6 million shares
of Class A common stock and 5.5 million shares
of Class B common stock that will vest and be issued from the settlement
of such RSUs, (v) the issuance
of the CEO award, as described below, and (vi) the filing and effectiveness
of our amended and restated certificate
of incorporation which will be in effect on the completion
of this offering.
Written by NCEO founder Corey Rosen, this issue brief discusses as
of mid-2016 the extent and growth
of employee ownership; survey data on ESOPs and corporate governance as well as ESOPs and executive
compensation; research on the effect
of ESOPs on corporate performance; the 2012 shared capitalism study
of Great Place to Work applicants; data on employee ownership and employee
financial well - being; the NCEO's analysis
of data on ESOPs and default rates; trends in broad -
based equity
compensation plans; equity
compensation and corporate performance; the impact
of ESOPs and other broad -
based plans on unemployment; legislative and regulatory issues for employee ownership; and international developments in broad -
based plans.
The pro forma consolidated balance sheet data gives effect to (i) the automatic conversion
of all
of our outstanding shares
of convertible preferred stock other than Series FP preferred stock into shares
of Class B common stock and the conversion
of Series FP preferred stock into shares
of Class C common stock in connection with our initial public offering, (ii) stock -
based compensation expense
of approximately $ 1.1 billion associated with outstanding RSUs subject to a performance condition for which the service -
based vesting condition was satisfied as
of December 31, 2016 and which we will recognize on the effectiveness
of our registration statement in connection with this offering, as further described in Note 1 to our consolidated
financial statements included elsewhere in this prospectus, (iii) the increase in accrued expenses and other current liabilities and an equivalent decrease in additional paid - in capital
of $ 187.2 million in connection with the withholding tax obligations,
based on $ 16.33 per share, which is the fair value
of our common stock as
of December 31, 2016, as we intend to issue shares
of Class A common stock and Class B common stock on a net
basis to satisfy the associated withholding tax obligations, (iv) the net issuance
of 7.6 million shares
of Class A common stock and 5.5 million shares
of Class B common stock that will vest and be issued from the settlement
of such RSUs, (v) the issuance
of the CEO award, as described below, and (vi) the filing and effectiveness
of our amended and restated certificate
of incorporation which will be in effect on the completion
of this offering.
First, «commission -
based compensation will survive, and
financial professionals will continue to serve middle - income investors using all types
of existing
compensation models and other innovative methods,» the Coalition states.
Section 162 (m)
of the Code imposes a $ 1.0 million cap on the
compensation deduction that a public company may take in respect
of compensation paid to our «covered employees» (which includes our Chief Executive Officer and our next three most highly compensated employees other than our Chief
Financial Officer), but excludes from the calculation
of amounts subject to this limitation any amounts that constitute «qualified performance -
based compensation,» or «QPBC,» within the meaning
of Section 162 (m)
of the Code.
As disclosed in our Consolidated
Financial Statements for the fiscal year ended October 31, 2010, HP matching contributions under both the HP 401 (k) Plan and the EDS 401 (k) Plan in fiscal 2010 were on a quarterly, discretionary, performance -
based match
of up to a maximum
of 4 %
of eligible
compensation for all U.S. employees to be determined each fiscal quarter
based on business results.
Based on the
Financial Times» collection
of compensation data from the Class
of 2010, Kellogg EMBA grads earn more within three years
of graduation ($ 239,190 vs. $ 231,232) and enjoy bigger salary increases (53 % vs. 51 %)-- with The Economist data showing similar results.
This review was not conducted on
base salary alone but also included reviews
of appropriate annual incentive
compensation and long - term incentive
compensation for other post-TARP companies in the Labor Market Peer Group and the ongoing market and legislative challenges facing
financial services companies.
Although the majority
of compensation for HP Co.'s executives is performance -
based and largely contingent upon achievement
of financial goals, the HRC Committee continues to believe that the SPEO provides important protection to our Section 16 officers and is appropriate for the attraction and retention
of executive talent.
The GNC reviews the individual components and total amount
of director
compensation at least annually and may recommend changes in director
compensation to the Board for its approval more or less frequently
based on, among other factors, competitive pay data for non-employee directors
of the
financial services companies in the Company's Labor Market Peer Group.
And third,
compensation in the form
of stock -
based pay encourages CEOs to take excessive risks to boost share prices, risking a
financial crisis and taxpayer bailout.
Annual incentive
compensation and a portion
of performance -
based restricted units focus on short - term performance while the balance
of performance -
based restricted units and the other components
of performance -
based pay are tied to achievement
of financial targets and stock price performance over a longer period
of time.
The study's three China -
based authors have been removed from their posts, while parents
of the children who participated have been offered generous
financial compensation.
At some point, the pastor may not be able to work on a full - time
basis, but will still need
financial compensation to maintain his quality
of life.
In fact,
based on the definition
of the U.S. -
based National Association
of Personal
Financial Advisors (NAPFA), fee - only can include either
of fee - for - service or asset -
based compensation.
The Company's
financial instruments consist
of cash and cash equivalents, accounts receivable, accounts payable, other current liabilities, deferred
compensation, and debt, none
of which are measured at fair value on a recurring
basis.
E.ON's CEO Johannes Teyssen warned
of substantial
financial losses, and Vattenfall CEO Oystein Loseth demanded «fair
compensation» for losses as a result
of the decision,
based on «writing off» the plants, cancelled upgrades scheduled after September 2010, and decommissioning costs.
As a result
of these cases, three principles have emerged which must form the
basis of any orders for
financial provision in England & Wales, namely needs, sharing, and
compensation.
Our capable attorneys have more than 100 years
of combined experience helping New Mexico accident victims achieve the
financial compensation they deserve
based on the extent
of their injuries.
The partners will take a 5 % cut in their
base annual
compensation for the whole
of the current
financial year (1 October 2008 to 30 September 2009).
The court drew a distinction between the death
of a spouse following a
financial order
based on their needs and the death
of a spouse following a
financial order
based on sharing or
compensation.
Beau Layfield has built an impressive professional history
based on experience, detail and understanding
of the victim, the accident and the process to pursue the highest level
of justifiable
financial compensation.
Each situation is best analyzed on a case - by - case
basis, taking into account factors such as the type
of remedies which may be required, the
financial compensation needed to make the client whole, the location
of the Chinese party's assets, anticipating what may go wrong, as many other factors.
Our caring Albuquerque truck accident lawyers have more than 100 years
of combined experience helping the victims
of big rig crashes across New Mexico recover the
financial compensation they deserve
based upon the severity
of their injuries.
If you suffered a serious neck injury which has resulted in a lower quality
of life, or impacted your ability to work or perform other tasks important to you, contact the experienced, Massachusetts -
based personal injury attorneys at Altman & Altman LLP today to see if we can help you secure
financial compensation.
For example, some KC traffic accident lawyers work on a contingency fee
basis, meaning you do not have to worry about the
financial burden, only paying your lawyer as a percentage
of compensation you receive, if - and only if - you receive
compensation.
Our diligent lawyers have more than 100 years
of combined experience helping accident victims receive the
financial compensation they deserve
based on their injuries.
Our capable lawyers are ready and willing to assist you in achieving the
financial compensation you deserve
based upon the severity
of your injuries.
In its decision in the 2009 HudBay proceedings, the Ontario Securities Commission noted that an adviser's success -
based compensation may adversely affect the ability
of a board to rely on
financial advice: «a fairness opinion prepared by a
financial adviser who is being paid a signing fee or a success fee does not assist directors comprising a special committee
of independent directors in demonstrating the due care they have taken in complying with their fiduciary duties in approving a transaction.»
Our knowledgeable New Mexico car accident attorneys have more than 100 years
of combined experience helping the victims
of devastating injuries receive the
financial compensation they deserve
based on the severity
of their injuries.
Personal injury solicitors always differ
based on experience, expertise and specialism, but what stays the same is their focus on providing
financial compensation to those who have been the victim
of a personal injury...
Your Himelfarb Proszanski Boating Accident Lawyer and our team
of legal and non-legal professionals will investigate and document everything surrounding the accident to lay the
basis for your claims for full medical benefits and
financial compensation including, but not limited to, loss
of income during your recovery period however long it might be.
Based on a survey
of more than 12,000 interns, the Vault Guide to Top Internships ranks internship programs in 15 categories: Most Prestigious Companies to Intern For, 50 Best Internships, Best Internships for Quality
of Life, Best Internships for Career Development, Best Internships for
Compensation & Benefits, Best Internships for Employment Prospects, Accounting, Consulting, Energy,
Financial Services, Health Care, Investment Banking, Media & Telecom, Retail & Consumer Products, and Tech & Engineering.
Though fees
based on a percentage
of a candidate's salary are industry standard, they offer
financial incentive for executive recruiters to inflate the
compensation of the executives they recruit.
• Accurately processed payroll as well as monitored vacation / benefit accruals independently • Actively managed wage garnishments and processed termination checks • Accepted accountability for the overall teamwork and stood responsible for meeting the deadlines • Assisted HR department with
compensation and benefits for payroll related tasks like processing benefits premiums, wage ceilings, long term disability claims, life insurance, group health insurance, fringe benefits, and overtime pay analysis • Assisted internal and external auditing procedures related to payroll by following company standards and policies • Monitored and reviewed complete payroll accounts for verification
of accuracy and in case
of any discrepancies made appropriate corrections and updates, at the end
of every month • Communicated effectively with all staff responding to their requests and inquiries related to payroll information • Correctly made payroll related general ledger journal entries for each record • Created and dispersed payroll vouchers to the company employees every month on the pay day • Created benefit audits and reports for terminated / retired employees • Maintained perfect reconciliations
of balance sheet accounts related to the payroll • Executed special research projects regarding payroll management and for detailed analysis
of financial facets
of payroll • Gave suggestions to the management for the policy and procedure updates and refreshers related to payroll management and its
financial aspects • Organized and maintained outstanding payroll checks and lists in coordination with the HR department • Managed contacts and communicated regularly with all the internal and external stakeholders ensuring effective flow
of information • Organized files, accounts, ledgers, records, employee books for payroll documents and other related purposes • Prepared SDLs — Salary Distribution Journals and other distribution journals every month for payroll accounts • Processed and prepared corporate payroll using Pay Expert Application, managing all paperwork for the wire transfers and generated return funds • Processed payroll changes for new hires and terminations ensuring accuracy and timeliness
of the process • Proficiently used PRG (Millennium) payroll and TMx labor scheduling software applications for effective payroll management • Resolved all issues related to payroll tax payments and reported after every pay run making sure that all filings were accurately represented by the tax service provider • Reconciled tax payments for federal, state and local payroll as well as returns for multiple authorities on monthly
basis.
Financial Manager — Duties & Responsibilities Oversee multiple automotive corporate client portfolios, conduct risk analysis, and perform audits Direct corporate loan process and ensure that client collateral is sufficient in cases of default Investigate client credit rating and determine worthiness of consumer credit applications Recruit, train, and manage team of auditors and financial advisors ensuring professional operations Responsible for department budgets, project timelines, and team workflow Perform reviews to determine appropriate employee compensation, recognition, and disciplinary action Serve as a liaison between bank and clients, partners, outside vendors, and community leaders Present reports regarding audit findings, market trends, and client financial health to senior leadership Develop a rapport with customers and orient them to various products and services Encourage high customer retention by maintaining friendly, supportive contact with existing clients Study industry literature to become an expert on products and services Direct sales operations for 35 + car and recreational vehicle dealerships throughout New England Craft effective sales presentations and proposals, tailoring them to clients based on their specific needs and styles Maintain comprehensive records detailing pricings, sales, activities reports, and other pertinent data Represent company brand with positivity, professionalism, and dedication Consistently recognized and promoted for excellence in management, service, and pe
Financial Manager — Duties & Responsibilities Oversee multiple automotive corporate client portfolios, conduct risk analysis, and perform audits Direct corporate loan process and ensure that client collateral is sufficient in cases
of default Investigate client credit rating and determine worthiness
of consumer credit applications Recruit, train, and manage team
of auditors and
financial advisors ensuring professional operations Responsible for department budgets, project timelines, and team workflow Perform reviews to determine appropriate employee compensation, recognition, and disciplinary action Serve as a liaison between bank and clients, partners, outside vendors, and community leaders Present reports regarding audit findings, market trends, and client financial health to senior leadership Develop a rapport with customers and orient them to various products and services Encourage high customer retention by maintaining friendly, supportive contact with existing clients Study industry literature to become an expert on products and services Direct sales operations for 35 + car and recreational vehicle dealerships throughout New England Craft effective sales presentations and proposals, tailoring them to clients based on their specific needs and styles Maintain comprehensive records detailing pricings, sales, activities reports, and other pertinent data Represent company brand with positivity, professionalism, and dedication Consistently recognized and promoted for excellence in management, service, and pe
financial advisors ensuring professional operations Responsible for department budgets, project timelines, and team workflow Perform reviews to determine appropriate employee
compensation, recognition, and disciplinary action Serve as a liaison between bank and clients, partners, outside vendors, and community leaders Present reports regarding audit findings, market trends, and client
financial health to senior leadership Develop a rapport with customers and orient them to various products and services Encourage high customer retention by maintaining friendly, supportive contact with existing clients Study industry literature to become an expert on products and services Direct sales operations for 35 + car and recreational vehicle dealerships throughout New England Craft effective sales presentations and proposals, tailoring them to clients based on their specific needs and styles Maintain comprehensive records detailing pricings, sales, activities reports, and other pertinent data Represent company brand with positivity, professionalism, and dedication Consistently recognized and promoted for excellence in management, service, and pe
financial health to senior leadership Develop a rapport with customers and orient them to various products and services Encourage high customer retention by maintaining friendly, supportive contact with existing clients Study industry literature to become an expert on products and services Direct sales operations for 35 + car and recreational vehicle dealerships throughout New England Craft effective sales presentations and proposals, tailoring them to clients
based on their specific needs and styles Maintain comprehensive records detailing pricings, sales, activities reports, and other pertinent data Represent company brand with positivity, professionalism, and dedication Consistently recognized and promoted for excellence in management, service, and performance
Also under RESPA, keep in mind that real estate brokers can't receive referral fees from in - house mortgage services providers, though indirect
compensation is allowed
based on the
financial growth
of the brokerage's ownership stake in the affiliated mortgage or title company.