If a claim under AD or PTD is accepted for an insured person, we will
pay a compensation as mentioned in the grid against child education.
Accidental Death & Disablement: In the event of demise or disablement due to accident occurred during the travel, this policy
pays compensation as specified under the policy.
If an assistant is licensed, the broker must be the one who
pays the compensation as part of the commission disbursement.
Not exact matches
Heftier bonuses and increased
pay has been offered to counter what Air Force officials see
as the draw from commercial airlines, which can offer higher
compensation.
And if the bank continues to keep the ratio of its revenue
paid as compensation lower than usual, it could result in savings of about $ 300 million for the company in the year, according to an estimate from Autonomous Research's Guy Moskowski in the bank's earnings call.
According to a Payscale report, which calculated ratios based on the cash
compensation of CEOs at the 100 highest - grossing public companies in the United States in 2013, CVS CEO Larry Merlo has the highest
pay compared to his employees: $ 12,112,603 — 422 times
as much
as the average CVS employee, who earns $ 28,700 per year.
With Hunters, you need to
pay them a higher portion of their
compensation in commission - perhaps
as high
as 100 %, but certainly no less than 50/50 of salary and commission or you risk losing their aggressiveness.
Next lowest is HP's Meg Whitman, whose cash
compensation of $ 535,335 in 2013 was just six times
as much
as the average HP employee's — $ 84,500, followed by Warren Buffett, who earned $ 485,606 in cash in 2013 — nine times more than the
pay for Berkshire Hathaway employees, who make, on average, $ 56,900.
Because of the way Tillerson's
compensation is being dispensed, he will give up about $ 7 million compared with what he would have been
paid if he retired in March
as planned before Trump announced his cabinet nomination.
If the 8,000 Canadians who received stock options
as part of incomes over $ 250,000
paid taxes on this money at the same rate
as the rest of their income — treating executive
compensation the same way you treat the income of any other working stiff — it would have raised $ 337 million for federal coffers in 2009, a down year for options.
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.
«These freelancers come on board
as subcontractors and save the small business owner the burden of
paying overhead associated with payroll taxes and expenses such
as health insurance and worker's
compensation,
as well
as the space constrictions that growing a company in - house can present.»
Despite her many appointments advising on
compensation, Herman has never worked
as a
pay consultant or even in the human resources industry.
While two - year full - time programs such
as Tuck, Harvard, Stanford, Wharton, etc., require a significant investment in time and money, that investment
pays off in both career options and
compensation.
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.
They supplement base
pay to provide competitive
compensation, can act
as a recognition tool to award employees for satisfactory work, and they help ensure that employees» interests are aligned with shareholders.
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.
Sky - high CEO
compensation emerged
as an issue again in 2015, after say - on -
pay votes resulted in shareholders rejecting proposed
compensation plans at both CIBC and Barrick Gold.
With stock awards and options, equity
compensation programs can serve
as additional ways to
pay workers beyond wages or salaries.
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.
Whether «voters» should have direct control over something
as technical (and sometimes emotional)
as executive
compensation is far from clear, which is why most say - on -
pay requirements today call only for advisory votes.
The trigger for the latest Redstone family feud, according to several sources, was a dispute over corporate governance issues — such
as Shari's effort to more closely tie executive
compensation to performance — at Viacom (viab) and CBS (cbs), a media empire that encompasses MTV, the CBS broadcast network, the Paramount film studio and the
pay - TV channel Showtime.
As the owner of more than 90 % of voting stock at the company, Adderley has control over the election of the company's board directors, its advisory Say on
Pay vote, and, at the coming May annual meeting, to renew the Kelly's short and long - term
compensation plans.
The rule is intended to discourage brokers and other financial professionals from putting retirement - plan assets into products that
pay high commissions or profit - sharing
compensation to the brokers — a practice that's currently legal
as long
as the investments can be portrayed
as «suitable» for the customer.
We also conduct a culture audit to review each company's benefits and people programs, such
as health insurance, training and development,
compensation,
paid time off, retirement plans, and philanthropic efforts.
If the ratio of the mean to median worker's hourly
compensation in 2016 had been the same
as it was in 1973, and mean
compensation remained at its 2016 level, the median worker's
pay would have been around 33 % higher.
Costs vary by company, but typically include separation fees, such
as for exit interviews, administrative tasks related to termination processing, severance or separation
pay, and unemployment
compensation.
Overall, it is a time of reckoning; one in which employers should use the start of the new year
as an opportunity to reevaluate internal
pay structure, fix
pay inequalities that exist, and be transparent with employees about how
compensation and
pay raises are determined.
Two years ago the company's loss ratio — the claims
paid out
as a percentage of the workers»
compensation premium — was 118 % of a $ 146,000 premium.
In making these determinations, the
Compensation Committee may consult with its independent compensation consultant and management, as described below; however, the Compensation Committee uses its own judgment in making final decisions regarding the compensation paid to our executi
Compensation Committee may consult with its independent
compensation consultant and management, as described below; however, the Compensation Committee uses its own judgment in making final decisions regarding the compensation paid to our executi
compensation consultant and management,
as described below; however, the
Compensation Committee uses its own judgment in making final decisions regarding the compensation paid to our executi
Compensation Committee uses its own judgment in making final decisions regarding the
compensation paid to our executi
compensation paid to our executive officers.
This table and the related tables that follow present the
compensation paid for 2007 to Richard M. Kovacevich, Chairman (who also served
as CEO until June 2007); John G. Stumpf, President and, since June 2007, CEO; Howard I. Atkins, Senior Executive Vice President and Chief Financial Officer (CFO); and the next three highest
paid executive officers named in these tables: David A. Hoyt, Senior Executive Vice President, Wholesale Banking; Mark C. Oman, Senior Executive Vice President, Home and Consumer Finance; and Carrie L. Tolstedt, Senior Executive Vice President, Community Banking.
To establish our executive officers» individual target cash bonus opportunities, which are expressed
as a percentage of base salary, the
Compensation Committee considers competitive pay data, input from its compensation consultant, an
Compensation Committee considers competitive
pay data, input from its
compensation consultant, an
compensation consultant, and the level,
To supplement the disclosures in «Executive
Compensation — Summary Compensation Table,» «Executive Compensation — Pay Ratio Disclosure» and «Executive Compensation — 2017 Option Exercises and Stock Vested» below, we have included the following table, which shows the total realized compensation of Mr. Musk for the periods presented in «Executive Compensation — Summary Compensation Table,» as well as the ratio of Mr. Musk's realized compensation to the median of the annual total compensation of all other Tesla employees as reported in «Executive Compensation — Pay Ratio Disclo
Compensation — Summary
Compensation Table,» «Executive Compensation — Pay Ratio Disclosure» and «Executive Compensation — 2017 Option Exercises and Stock Vested» below, we have included the following table, which shows the total realized compensation of Mr. Musk for the periods presented in «Executive Compensation — Summary Compensation Table,» as well as the ratio of Mr. Musk's realized compensation to the median of the annual total compensation of all other Tesla employees as reported in «Executive Compensation — Pay Ratio Disclo
Compensation Table,» «Executive
Compensation — Pay Ratio Disclosure» and «Executive Compensation — 2017 Option Exercises and Stock Vested» below, we have included the following table, which shows the total realized compensation of Mr. Musk for the periods presented in «Executive Compensation — Summary Compensation Table,» as well as the ratio of Mr. Musk's realized compensation to the median of the annual total compensation of all other Tesla employees as reported in «Executive Compensation — Pay Ratio Disclo
Compensation —
Pay Ratio Disclosure» and «Executive
Compensation — 2017 Option Exercises and Stock Vested» below, we have included the following table, which shows the total realized compensation of Mr. Musk for the periods presented in «Executive Compensation — Summary Compensation Table,» as well as the ratio of Mr. Musk's realized compensation to the median of the annual total compensation of all other Tesla employees as reported in «Executive Compensation — Pay Ratio Disclo
Compensation — 2017 Option Exercises and Stock Vested» below, we have included the following table, which shows the total realized
compensation of Mr. Musk for the periods presented in «Executive Compensation — Summary Compensation Table,» as well as the ratio of Mr. Musk's realized compensation to the median of the annual total compensation of all other Tesla employees as reported in «Executive Compensation — Pay Ratio Disclo
compensation of Mr. Musk for the periods presented in «Executive
Compensation — Summary Compensation Table,» as well as the ratio of Mr. Musk's realized compensation to the median of the annual total compensation of all other Tesla employees as reported in «Executive Compensation — Pay Ratio Disclo
Compensation — Summary
Compensation Table,» as well as the ratio of Mr. Musk's realized compensation to the median of the annual total compensation of all other Tesla employees as reported in «Executive Compensation — Pay Ratio Disclo
Compensation Table,»
as well
as the ratio of Mr. Musk's realized
compensation to the median of the annual total compensation of all other Tesla employees as reported in «Executive Compensation — Pay Ratio Disclo
compensation to the median of the annual total
compensation of all other Tesla employees as reported in «Executive Compensation — Pay Ratio Disclo
compensation of all other Tesla employees
as reported in «Executive
Compensation — Pay Ratio Disclo
Compensation —
Pay Ratio Disclosure.»
(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.
Code Section 162 (m) limits the U.S. federal income tax deduction for
compensation paid to our Chief Executive Officer, our Chief Financial Officer and certain other highly compensated executive officers (including, among others, our next three other most highly compensated executive officers (other than the Chief Executive Officer and Chief Financial Officer)
as of the end of the calendar year).
The HRC also reviewed the consultant's calculations (excluding any Company
pay data) of the average, median, and top quartile amounts for each of these
pay components
as well
as for total
compensation.
The total amount of fees the Company
paid F.W. Cook in 2007 was $ 111,207, which included the fees
paid for services provided
as the independent
compensation consultant to the HRC and GNC, reimbursement of F.W. Cook's reasonable travel and business expenses, and a fee of less than $ 5,000 for a survey of long - term incentives which is used for benchmarking for other positions throughout Wells Fargo.
The Deferred
Compensation Plan allows a select group of management and highly compensated team members of the Company to defer the receipt of compensation that would otherwise be paid to those team members currently until a future year or years as selected by the
Compensation Plan allows a select group of management and highly compensated team members of the Company to defer the receipt of
compensation that would otherwise be paid to those team members currently until a future year or years as selected by the
compensation that would otherwise be
paid to those team members currently until a future year or years
as selected by the team member.
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 stockh
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 stockh
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 stockh
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 stockh
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.
So, in a straight comparison, Bob should
pay less tax in order to have close to the same total
compensation as Susan, a salaried employee.
The HRC also continues to monitor a separate, on - going risk assessment by senior management of the Company's broader employee
compensation practices
as part of the Federal Reserve's regulatory initiative on incentive
compensation paid by bank holding companies.
The Wells Fargo Deferred
Compensation Plan allows certain members of management and highly compensated team members to defer the receipt of compensation that would otherwise be paid to them currently until a future year or years as selected by the
Compensation Plan allows certain members of management and highly compensated team members to defer the receipt of
compensation that would otherwise be paid to them currently until a future year or years as selected by the
compensation that would otherwise be
paid to them currently until a future year or years
as selected by the team member.
If we use sprinkling dividends
as a loopwhole in order to make Bob's total
compensation the same
as salaried employee Susan, we have passed the risk premium over to be
paid by Susan by way of tax revenue foregone by exempting Bob.
The GNC uses the same Peer Group for this purpose
as used by the HRC to determine competitive
pay for named executives (see «Peer Group for
Compensation and Performance» in the CD&A below).
In the case of the NEOs who head significant business segments, the Committee also compares
compensation data for these positions against the
pay for CEOs of smaller companies,
as the size and complexity of certain of those business segments are similar in size and complexity to several of HP's peer group companies.
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.
At Institutional Shareholder Services (ISS), she worked on the executive
compensation team
as a senior analyst until 2010, with a particular focus on change of control packages, and analyzed «say on
pay» resolutions.
The total amount of fees the Company
paid Cook & Co. in 2011 was $ 163,199, which included the fees
paid for services provided
as the independent
compensation consultant to the HRC and GNC, reimbursement of Cook & Co.'s reasonable travel and business expenses, and a fee of less than $ 5,000 for a survey of long - term incentives which is used for benchmarking for other positions throughout the Company.