The coordinator guides the sales team members by introduction
of performance incentives on successful achievement of sales targets.
The largest study
of performance incentives based on value - added measures comes from a Nashville, Tennessee study that randomly assigned middle - school math teachers (who volunteered for the study) to be eligible for performance - based pay or not.
The vast majority
of performance incentives are short - term, financial and quantitative.
Not exact matches
«The evolution
of the reimbursement system has to continue,» said Schoenherr, adding that he's confident that insurance companies, hospitals, and employers alike will increasingly move towards pay - for -
performance incentive structures in health care.
The basis
of the bargain should include: offer price (in proper denomination), statement
of work (scope), identification and quantities
of goods or services, delivery schedule,
performance incentives (if any), express warranties (if any), terms and conditions, and any documents incorporated by reference.
Furthermore, our management uses each
of these measures as measures
of the
performance of our operations for budgeting and forecasting, as well as employee
incentive compensation.
They are paid a floor wage
of the state minimum $ 7.25, with
performance incentives to make up to $ 10 an hour.
In other words, if you really want to ensure a collaborative environment, you need to think about putting
incentives in place that reward team outcomes — instead
of just individual
performance.
In 2014, over 97 %
of the company's employees received long - term
incentive benefits, which are awarded based on their
performance.
However, advocates
of reforming executive pay — by linking it with
performance and reducing
incentives for risk - taking — argue the pay ceilings are so high they lack teeth.
The Company uses the non-GAAP financial measures set forth in the news release in connection with its own budgeting and financial planning internally to evaluate the
performance of the business, including to allocate resources and to evaluate results relative to
incentive compensation targets.
NEW YORK (Reuters)- United Airlines is discontinuing proposed changes to its
performance incentive program, the carrier announced on Monday, after employees expressed outrage at the elimination
of regular bonuses.
In addition, certain
of these non-GAAP financial measures are used as
performance metrics in the Company's
incentive compensation programs.
Implications from deeper understanding
of your customers typically involve changes in how you measure sales effectiveness,
performance reviews,
incentives, product mix, channels and sometimes «addition by subtraction,» or the process
of improving
performance by not selling to certain types
of customers.
With an expansion
of for - profit prisons on the horizon, it is more important than ever that the government restructure contracts with the private prison industry to boost
performance and change
incentives.
A number
of businesses offer
performance incentives in one form or another to employees.
And long - term
incentives have already shifted from simple plain vanilla stock options to a combination
of options and
performance shares.
Based on
performance assessments, the CEO attends a meeting
of the Compensation Committee held for the purpose
of considering the individual executives» annual compensation and recommends the base salary and any
incentive bonus awards or long - term
incentive awards, if applicable, for each
of the executive officers, including the named executive officers.
The Plan permits grants
of the following types
of incentive awards subject to such terms and conditions as the Leadership Development and Compensation Committee shall determine, consistent with the terms
of the Plan: (1) stock options, including stock options intended to qualify as ISOs, (2) other stock - based awards, including in the form
of stock appreciation rights, phantom stock, restricted stock, restricted stock units,
performance shares, deferred share units or share - denominated
performance units, and (3) cash awards.
RESOLVED: Shareholders request the Board Compensation Committee prepare a report assessing the feasibility
of integrating sustainability metrics, including metrics regarding diversity among senior executives, into the
performance measures
of the CEO under the Company's compensation
incentive plans.
The
performance goals upon which the payment or vesting of any Incentive Award (other than Options and stock appreciation rights) that is intended to qualify as Performance - Based Compensation depends shall relate to one or more of the following Performance Measures: market price of Capital Stock, earnings per share of Capital Stock, income, net income or profit (before or after taxes), economic profit, operating income, operating margin, profit margin, gross margins, return on equity or stockholder equity, total shareholder return, market capitalization, enterprise value, cash flow (including but not limited to operating cash flow and free cash flow), cash position, return on assets or net assets, return on capital, return
performance goals upon which the payment or vesting
of any
Incentive Award (other than Options and stock appreciation rights) that is intended to qualify as
Performance - Based Compensation depends shall relate to one or more of the following Performance Measures: market price of Capital Stock, earnings per share of Capital Stock, income, net income or profit (before or after taxes), economic profit, operating income, operating margin, profit margin, gross margins, return on equity or stockholder equity, total shareholder return, market capitalization, enterprise value, cash flow (including but not limited to operating cash flow and free cash flow), cash position, return on assets or net assets, return on capital, return
Performance - Based Compensation depends shall relate to one or more
of the following
Performance Measures: market price of Capital Stock, earnings per share of Capital Stock, income, net income or profit (before or after taxes), economic profit, operating income, operating margin, profit margin, gross margins, return on equity or stockholder equity, total shareholder return, market capitalization, enterprise value, cash flow (including but not limited to operating cash flow and free cash flow), cash position, return on assets or net assets, return on capital, return
Performance Measures: market price
of Capital Stock, earnings per share
of Capital Stock, income, net income or profit (before or after taxes), economic profit, operating income, operating margin, profit margin, gross margins, return on equity or stockholder equity, total shareholder return, market capitalization, enterprise value, cash flow (including but not limited to operating cash flow and free cash flow), cash position, return on assets or net assets, return on capital, return on invested
The primary elements
of each named executive officer's total compensation shown in the table are base salary, an annual cash
incentive, and long - term equity awards consisting
of time - based and
performance - based RSUs.
Subject to the terms and conditions set forth in the Plan,
incentive awards may be settled in cash or shares
of Class C capital stock and may be subject to
performance - based and / or service - based conditions.
One - third
of performance share awards, which make up 50 %
of long - term
incentive compensation, are tied to average return on invested capital over a three - year period.
These
incentives are provided through the granting
of stock options, stock appreciation rights, restricted stock awards, restricted stock units,
performance bonus awards,
performance shares and
performance units.
In addition, the vesting features
of our equity awards contributes to executive retention because this feature provides an
incentive to our named executive officers to remain in our employ during the scheduled vesting period or until the achievement
of the applicable
performance milestones, which are expected to be achieved over the medium - to long - term.
The Compensation Committee also considered that the annual cash
incentive plan already incentivizes
performance on three key Company - specific financial measures, and the importance
of emphasizing holistic Company
performance, as opposed to an isolated metric; the importance
of setting a sufficiently difficult target for maximum payout; the benefit
of a large and objectively determined
performance comparator group; and the overarching goal
of an
incentive clearly and directly aligned with stockholder interests.
Although the Company's
performance for 2007 was in the top quartile compared to its Peer Group and met one of the alternative goals under the Performance Policy, the HRC considered in making its incentive award decisions the fact that the Company did not meet its EPS goal of $ 2.49 (2006 EPS, as originally reported) under the Performance Policy and therefore did not improve upon the EPS results of the
performance for 2007 was in the top quartile compared to its Peer Group and met one
of the alternative goals under the
Performance Policy, the HRC considered in making its incentive award decisions the fact that the Company did not meet its EPS goal of $ 2.49 (2006 EPS, as originally reported) under the Performance Policy and therefore did not improve upon the EPS results of the
Performance Policy, the HRC considered in making its
incentive award decisions the fact that the Company did not meet its EPS goal
of $ 2.49 (2006 EPS, as originally reported) under the
Performance Policy and therefore did not improve upon the EPS results of the
Performance Policy and therefore did not improve upon the EPS results
of the prior year.
For 2016, 69 %
of Mrs. Rometty's annual total target compensation is tied to
performance - based
incentives.
Our 2015 Plan will provide for the grant
of incentive stock options, within the meaning
of Section 422
of the Code, to our employees and any parent and subsidiary corporations» employees, and for the grant
of nonstatutory stock options, restricted stock, restricted stock units (RSUs), stock appreciation rights,
performance units, and
performance shares to our employees, directors, and consultants and our parent and subsidiary corporations» employees and consultants.
In August 2012, to create
incentives for continued long - term success from the then - recently launched Model S program as well as from Tesla's then - planned Model X and Model 3 programs, and to further align executive compensation with increases in stockholder value, the Board granted to Mr. Musk a stock option award to purchase 5,274,901 shares
of Tesla's common stock (the «2012 CEO
Performance Award»), representing 5 %
of Tesla's total issued and outstanding shares at the time
of grant.
For 2015
performance, the Board approved an annual
incentive payment
of $ 4.5 million for Mrs. Rometty, which represented 90 %
of her target opportunity.
For 2015
performance, the Board approved an annual
incentive payment
of $ 4.5 million for Mrs. Rometty, which represented 90 %
of target.
Nearly 72 %
of compensation for 2015
of the named executive officers was in the form
of long - term
incentive, which is 100 %
performance based and delivered through Performance Share Un
performance based and delivered through
Performance Share Un
Performance Share Units (PSUs).
· IBM credits matching contributions to the Basic Account
of each eligible participant who defers salary or
performance pay (including annual
incentive program payments) under the Excess 401 (k) Plus Plan.
Provides the strategic rationale and relative weightings
of the financial and non-financial
performance metrics or criteria used in the annual and
performance - vested long - term
incentive components
of the Plan;
As discussed in the CD&A under «Compensation Components» and «Achieving Compensation Objectives — Pay for
Performance,» we have provided incentive compensation in the form of an annual cash incentive award based on Company, business line and individual qualitative performance results for each fiscal year, and long - term incentive compensation generally in the form of stock option grants and, in certain circumstances, RSRs to reward our SEOs for contribution to growth in long - term stockho
Performance,» we have provided
incentive compensation in the form
of an annual cash
incentive award based on Company, business line and individual qualitative
performance results for each fiscal year, and long - term incentive compensation generally in the form of stock option grants and, in certain circumstances, RSRs to reward our SEOs for contribution to growth in long - term stockho
performance results for each fiscal year, and long - term
incentive compensation generally in the form
of stock option grants and, in certain circumstances, RSRs to reward our SEOs for contribution to growth in long - term stockholder value.
Our Bonus Plan allows our compensation committee to provide
incentive awards (payable in cash or grants
of equity awards) to selected employees, including our named executive officers, based upon
performance goals established by our compensation committee.
This mix
of short - and long - term
incentives provides sufficient rewards in the short - term to motivate near - term
performance, while at the same time providing significant
incentives to keep HP's executives focused on longer - term corporate goals that drive stockholder value.
Mr. Apotheker was granted a long - term
incentive award consisting
of 76,000 shares
of time - based restricted stock vesting in equal amounts annually over a two - year period, 304,000 PRUs for the two - year
performance period extending from
Furthermore, the use
of a cash flow metric in a long - term
incentive plan prevents executives from being rewarded for taking excessive risk because payouts under the plan are based on rolling three - year
performance periods.
The metric
of «cash flow from operations as a percentage
of revenue» has been used for more than five years as a financial metric in HP's long - term
incentive programs, and HP believes that it continues to be a key metric that both drives and demonstrates improved financial
performance within the company.
Each year the Committee, along with HP management, establishes
performance targets for short - and long - term
incentive plans that require the achievement
of significant financial results.
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 commitment by HP;
Among HP's peer group companies, HP executives have a higher percentage
of performance - based pay, which generally means smaller bonuses and lower overall compensation in years
of low
performance and higher bonuses and long - term
incentive payouts in years
of exceptional
performance, reflective
of the
performance achieved.
Under this initiative, senior Company human resources, compliance, credit, and legal personnel compiled and analyzed extensive information about the Company's
incentive plans, including plan documents, eligibility criteria, payout formulas and payment history, and held extensive interviews with business line managers to understand how evaluation
of business risk affects
incentive plan
performance measures and compensation decisions.
The HRC has reaffirmed the policy
of deferring a portion
of annual
incentive compensation for the Company's highest earners in the form
of long - term awards whose vesting terms take into account longer risk - emergence periods, and has overseen the implementation
of standard
performance objectives for the Company's control function staff to further prevent or discourage excessive risk - taking.
The compensation committee is also responsible for approving the compensation and benefits
of the Chief Executive Officer and the other named executive officers, including annually reviewing and assessing
performance goals and objectives for our executives and evaluating short - term and long - term
incentive compensation.
We understand shareholder interest in the structure
of our annual cash
incentive plan and the long - term
performance share component
of our stock
incentive plan.
Annual
Incentive Plan targets and
performance goals are approved at the Compensation Committee meeting shortly after the commencement
of the applicable
performance period, the intent
of which is to ensure compliance with Section 162 (m)
of the Code regarding
performance - based pay.