Teachers face retirement with inferior pensions and seeing income fall as they face 1 %
pay awards in coming years.
Seamus Searson, SSTA general secretary said, «At this early stage 96 per cent of SSTA members are prepared to take industrial action for an above inflation
pay award in 2018.
Not exact matches
Undies boss tripled her
pay, then sacked 1,850 workers
In an act that could only be described as corporate bastardry, shameless executives at Bonds owner Pacific Brands
awarded themselves
pay rises of up to 170 per cent while they sacked nearly 2000 workers.
Add another one to the list: for one year, it smashed all records for the highest executive compensation
in Canada,
awarding its former CEO Michael Pearson $ 179 million
in company stock, for a total take - home of $ 182 million, more than double
paid to the previous year's highest
paid CEO, BlackBerry's John Chen.
In 2007, the board of Goldman Sachs
awarded its CEO, Lloyd Blankfein, a
pay package of around $ 70 million dollars.
«If you can sacrifice Turkish - Dutch relations for an election on Wednesday, you will
pay the price,» Erdogan said
in a speech at an
awards ceremony
in Istanbul.
Were the company to be sued because of a death related to, say, its autopilot feature, it could result
in a «substantial monetary
award» that would have to be
paid from «company funds, not by insurance.»
Each winner will receive a $ 625,000
award paid out over five years as an «investment
in their potential» — with no strings attached.
I am a Millennial myself, and here's what I have been reduced to: impatient, entitled, naive to the way the world works, uninterested
in paying my dues, expecting everything to happen overnight, and most of all, filled with a false sense of confidence because I «received too many participation
awards growing up.»
The Wells Fargo board
awarded the bank's top five executives $ 43.7 million
in discretionary bonuses this year, so — called «performance based»
pay.
Facebook CEO Mark Zuckerberg and the rest of the company's board are being sued because a shareholder thinks the
pay the directors were
awarded in 2013 was too high.
Viacom also said that the bonus
paid to its CEO Philippe Dauman declined 30 % to $ 14 million
in fiscal 2015, while his contractually provided salary of $ 4 million and an annual equity
award worth $ 18.9 million were not much changed from the prior year.
And the extra time we spent improving the product
paid off — Apple featured us
in the App Store, we were
awarded the 2014 Apple Design
Award, and we had influencers using the product who had found it organically.
(Many of those women fought back, and the firm eventually
paid $ 150 million
in arbitration
awards and settlements.)
Iger was also
awarded an equity grant that could be worth about $ 100 million
in 2021, according to proxy adviser Institutional Shareholder Services, which urged investors to vote against the
pay resolution.
Fink was
awarded $ 27.7 million
in compensation last year, compared to $ 25.5 million
in 2016, based on a calculation of his
pay in line with U.S. Securities and...
The table below shows 2017
pay mix details, including salaries and the fair value of equity
awards made
in 2017.
An incentive compensation
award paid in stock, restricted share rights, or restricted stock pursuant to this Policy shall be governed by the provisions (other than provisions with respect to the computation of such
award) of the Company's Long - Term Incentive Compensation Plan.
Because it is
paid in shares, the value of the
award is also impacted by the share price.
(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.
After reviewing the revised peer group director compensation data
in June 2009, the committee 1) set
pay for the new non-executive Chairman of the Board, 2) increased the value of the annual equity
award from $ 145,000 to $ 175,000, since the previous level of compensation was deemed below the market median, and 3) changed the equity grant vehicle from 100 % restricted stock units (RSUs) to 50 % RSUs and 50 % outperformance stock units (OSUs)
in order to more closely align with the equity package that Intel executives receive.
Deferral of an incentive compensation
award paid in cash under this Policy shall be made pursuant to the provisions of the Company's Deferred Compensation 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 stockholder value.
Even without the cut, Sorrell would have been upstaged
in the U.K.'s
pay stakes by Jeff Fairburn, CEO of homebuilder Persimmons, who is set for a total bonus
award of around 100 million pounds, with 40 million pounds due this year.
In 2016, Natasha received the Upstart Business Journal Upstart 100
Award and the Aiming High
Award from Legal Momentum for pioneering a shareholder campaign on gender
pay equity.
This performance was reflected
in our NEOs» cash incentive
awards, which, consistent with our
pay - for - performance philosophy,
paid out at higher levels for fiscal 2013 than for fiscal 2012:
If we terminate Mr. Drexler's employment without cause or he terminates his employment with good reason, Mr. Drexler will be entitled to receive (i) a payment of his earned but unpaid annual base salary through the termination date, any accrued vacation
pay and any un-reimbursed expenses, and (ii) subject to Mr. Drexler's execution of a valid general release and waiver of claims against us, as well as his compliance with the non-competition, non-solicitation and confidential information restrictions described below, (a) a payment equal to his annual base salary and target cash incentive
award, one - half of such payment to be
paid on the first business day that is six (6) months and one (1) day following the termination date and the remaining one - half of such payment to be
paid in six equal monthly installments commencing on the first business day of the seventh calendar month following the termination date, (b) a payment equal to the product of (x) the last annual cash incentive
award Mr. Drexler received prior to the termination date and (y) a fraction, the numerator of which is the number of days of service completed by Mr. Drexler
in the year of termination and the denominator of which is 365, such amount to be
paid on the first business day that is six (6) months and one (1) day following the termination date, and (c) the immediate vesting of such portion of unvested restricted shares and stock options as provided and pursuant to the terms of the relevant grant agreements under our 2003 Equity Incentive Plan.
The general system of counting CEO
pay includes multi-year stock
awards,
in their entirety,
in the year they are issued, not when they vest.
Except for those executives who have an employment agreement that expressly provides for payment of an
Award under the Bonus Plan
in limited circumstances,
in the event a participant's employment is terminated for any reason prior to the date of payment of an
Award under the Bonus Plan, such participant will not be entitled to any bonus under the Bonus Plan, provided that
in the event that a participant's employment terminates during the performance period due to (i) death or (ii) disability, the Committee may, at its sole discretion, authorize the Company to
pay, on a prorated basis, an
Award determined
in accordance with the terms and conditions of Bonus Plan.
As
in 2010, the HRC
awarded named executives a combination of compensation composed of a high percentage of performance - based
pay, predominantly
in long - term equity compensation.
These additional metrics are intended to frame performance expectations for the year for the Named Executive Officers but not to assure or preclude payment of an incentive
award or to be used
in any fixed or specific mathematical formula related to the amount of the incentive
award to be
paid.
Such dividend equivalents may be
awarded or
paid in the form of cash, shares of Common Stock, restricted stock, or restricted stock units, or a combination, and shall be determined by such formula and at such time and subject to such accrual, forfeiture, or payout restrictions or limitations as determined by the Committee
in its sole discretion.
Matter Family Office does not, nor has it ever, solicited any third party for
awards or recognition, nor
pay any type of fee to participate
in the surveys other than minor fees for plaques or article reprints after the
award has been granted.
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.
in the case of our directors, officers, and security holders, (i) the receipt by the locked - up party from us of shares of Class A common stock or Class B common stock upon (A) the exercise or settlement of stock options or RSUs granted under a stock incentive plan or other equity
award plan described
in this prospectus or (B) the exercise of warrants outstanding and which are described
in this prospectus, or (ii) the transfer of shares of Class A common stock, Class B common stock, or any securities convertible into Class A common stock or Class B common stock upon a vesting or settlement event of our securities or upon the exercise of options or warrants to purchase our securities on a «cashless» or «net exercise» basis to the extent permitted by the instruments representing such options or warrants (and any transfer to us necessary to generate such amount of cash needed for the payment of taxes, including estimated taxes, due as a result of such vesting or exercise whether by means of a «net settlement» or otherwise) so long as such «cashless exercise» or «net exercise» is effected solely by the surrender of outstanding stock options or warrants (or the Class A common stock or Class B common stock issuable upon the exercise thereof) to us and our cancellation of all or a portion thereof to
pay the exercise price or withholding tax and remittance obligations, provided that
in the case of (i), the shares received upon such exercise or settlement are subject to the restrictions set forth above, and provided further that
in the case of (ii), any filings under Section 16 (a) of the Exchange Act, or any other public filing or disclosure of such transfer by or on behalf of the locked - up party, shall clearly indicate
in the footnotes thereto that such transfer of shares or securities was solely to us pursuant to the circumstances described
in this bullet point;
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.
Gorman missed out on performance stock units granted as part of his 2009
pay after the firm missed the targets attached to those
awards in the three years ended
in 2012.
To the extent an
Award under the Plan is
paid out
in cash rather than Shares, such cash payment will not result
in reducing the number of Shares available for issuance under the Plan.
Tillerson was
paid $ 27.3 million
in salary, bonus, stock
awards and other compensation
in 2015; his 2.6 million shares of Exxon common stock had a value of about $ 228 million as of early December.
So CMIT Solutions is not a franchise system that'll
award a license to just anyone — and the careful approach
pays off
in the strong relationship between our home office
in Austin and the franchise partners
in cities across the nation.
To the extent an
award is
paid out
in cash rather than shares, such cash payment will not result
in a reduction
in the number of shares available for issuance under the 2014 Plan.
In the event of a change of control (as defined in the plan), the compensation committee may, in its discretion, provide for any or all of the following actions: (i) awards may be continued, assumed, or substituted with new rights, (ii) awards may be purchased for cash equal to the excess (if any) of the highest price per share of common stock paid in the change in control transaction over the aggregate exercise price of such awards, (iii) outstanding and unexercised stock options and stock appreciation rights may be terminated, prior to the change in control (in which case holders of such unvested awards would be given notice and the opportunity to exercise such awards), or (iv) vesting or lapse of restrictions may be accelerate
In the event of a change of control (as defined
in the plan), the compensation committee may, in its discretion, provide for any or all of the following actions: (i) awards may be continued, assumed, or substituted with new rights, (ii) awards may be purchased for cash equal to the excess (if any) of the highest price per share of common stock paid in the change in control transaction over the aggregate exercise price of such awards, (iii) outstanding and unexercised stock options and stock appreciation rights may be terminated, prior to the change in control (in which case holders of such unvested awards would be given notice and the opportunity to exercise such awards), or (iv) vesting or lapse of restrictions may be accelerate
in the plan), the compensation committee may,
in its discretion, provide for any or all of the following actions: (i) awards may be continued, assumed, or substituted with new rights, (ii) awards may be purchased for cash equal to the excess (if any) of the highest price per share of common stock paid in the change in control transaction over the aggregate exercise price of such awards, (iii) outstanding and unexercised stock options and stock appreciation rights may be terminated, prior to the change in control (in which case holders of such unvested awards would be given notice and the opportunity to exercise such awards), or (iv) vesting or lapse of restrictions may be accelerate
in its discretion, provide for any or all of the following actions: (i)
awards may be continued, assumed, or substituted with new rights, (ii)
awards may be purchased for cash equal to the excess (if any) of the highest price per share of common stock
paid in the change in control transaction over the aggregate exercise price of such awards, (iii) outstanding and unexercised stock options and stock appreciation rights may be terminated, prior to the change in control (in which case holders of such unvested awards would be given notice and the opportunity to exercise such awards), or (iv) vesting or lapse of restrictions may be accelerate
in the change
in control transaction over the aggregate exercise price of such awards, (iii) outstanding and unexercised stock options and stock appreciation rights may be terminated, prior to the change in control (in which case holders of such unvested awards would be given notice and the opportunity to exercise such awards), or (iv) vesting or lapse of restrictions may be accelerate
in control transaction over the aggregate exercise price of such
awards, (iii) outstanding and unexercised stock options and stock appreciation rights may be terminated, prior to the change
in control (in which case holders of such unvested awards would be given notice and the opportunity to exercise such awards), or (iv) vesting or lapse of restrictions may be accelerate
in control (
in which case holders of such unvested awards would be given notice and the opportunity to exercise such awards), or (iv) vesting or lapse of restrictions may be accelerate
in which case holders of such unvested
awards would be given notice and the opportunity to exercise such
awards), or (iv) vesting or lapse of restrictions may be accelerated.
Details — Moonves, 65, was
paid the same base salary he received
in 2013, $ 3.5 million, but his stock
awards in 2014 were $ 12 million less, reflecting the drop
in the company's share price.
Our Company's primary competitor
in the United States, United Parcel Service, does not
pay its officers» taxes on restricted stock
awards.
In its Safety Net Review decision, the Australian Industrial Relations Commission granted a $ 19 increase in award rates of pa
In its Safety Net Review decision, the Australian Industrial Relations Commission granted a $ 19 increase
in award rates of pa
in award rates of
pay.
Speaking of payouts, the CEO's aforementioned «replacement»
award stands out due to both its size, and the opaque disclosure of compensation for the rest of the management team, whose
pay details are set out
in aggregate.
Moreover, the large
pay increases
awarded to many Chinese workers
in foreign - owned plants — such as the 30 %
award to the 300,000 workers
in the Foxconn International Holdings (PINK ADR: FXCNY) plant — must inevitably push up both Chinese purchasing power and Chinese inflation.
BBVA Compass ClearChoice Free Checking keeps you
in control of your money using an
award - winning Mobile Banking app, Online Banking, customizable alerts, Bill
Pay, and full - service
in - branch banking.
While a U.S. judge
awarded the holdouts $ 1.7 billion
in a ruling, Argentina decided to default on its debt again
in 2014 rather than
pay them.
In one of the most publicised spats over executive pay in recent years, a number of BP plc shareholders voiced their displeasure over the level of pay awarded to Bob Dudley, the company's CEO, in the lead up to the Company's 2016 AG
In one of the most publicised spats over executive
pay in recent years, a number of BP plc shareholders voiced their displeasure over the level of pay awarded to Bob Dudley, the company's CEO, in the lead up to the Company's 2016 AG
in recent years, a number of BP plc shareholders voiced their displeasure over the level of
pay awarded to Bob Dudley, the company's CEO,
in the lead up to the Company's 2016 AG
in the lead up to the Company's 2016 AGM.