Sentences with phrase «pay compensation as»

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 executiCompensation 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 executicompensation consultant and management, as described below; however, the Compensation Committee uses its own judgment in making final decisions regarding the compensation paid to our executiCompensation Committee uses its own judgment in making final decisions regarding the compensation paid to our executicompensation 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, anCompensation Committee considers competitive pay data, input from its compensation consultant, ancompensation 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 DiscloCompensation — 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 DiscloCompensation 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 DiscloCompensationPay 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 DiscloCompensation — 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 Disclocompensation 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 DiscloCompensation — 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 DiscloCompensation 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 Disclocompensation to the median of the annual total compensation of all other Tesla employees as reported in «Executive Compensation — Pay Ratio Disclocompensation of all other Tesla employees as reported in «Executive Compensation — Pay Ratio DiscloCompensationPay 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 stockhCompensation 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 stockhCompensation 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 stockhcompensation 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 stockhcompensation 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.
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