Sentences with phrase «pay compensation over»

In its recent decision, Howard v. Benson, the Ontario Court of Appeal dramatically increased the potential severance liability for employers using fixed term employment agreements by holding that the employer must pay compensation over the full balance of the term with no reduction for re-employment income earned by the employee.

In its recent decision, Howard v Benson, the Ontario Court of Appeal has dramatically increased the potential severance liability for employers of using fixed term employment agreements by holding that the employer must pay compensation over the full balance of the term with no reduction for re-employment income earned by the employee.

Not exact matches

Ford's board may have decided to leave out the cash base pay (which, prorated, would've been a little over $ 1 million) because unlike stock, a direct cash payment could make for poorer optics, said Alan Johnson of the executive compensation consulting firm Johnson Associates.

So the HP board used its own «pay for performance philosophy» to justify annual compensation of over $ 15 million for Whitman for 2012.

Though his compensation rose in 2009, the man who put organic on the mainstream map held down his pay, handing over his gains to the Global Animal Partnership, an animal welfare nonprofit.

Endowments would also be among the tax - exempt organizations required to pay a 20 percent excise tax if they award executive compensation over $ 1 million.

Charities, by and large, do not pay executives over $ 1 million, according to research from Charity Navigator, though there are exceptions and it would be difficult for a charity to explain having to use donations for a 20 percent excise tax on executive compensation.

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.

If Exxon's compensation committee wishes to really enforce longer term views, they must not only do it in the time horizons over which pay is doled out but also in the time horizons of the metrics used to determine pay itself.

No banks have been subject to litigation over director compensation, but have preemptively imposed pay caps to avoid facing similar suits.

Rosenstein says that the company's average oil and gas production over three years has a significant impact on management's long - term incentive pay, which makes up the largest part of its compensation.

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.

«Amazon has invested over $ 4 billion in its urban campus in Seattle and paid more than $ 25 billion in compensation to its employees over the last seven years.

Stronach's own compensation has proved less popular over the years: Magna bought him out for $ 870 million in 2010 and continued to pay him mid-eight figures in consulting fees and performance bonuses for the following four years.

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.

Outrage over the financial crisis, coupled with the perception that Wall Street executives» performances have not justified their pay, led to legislative efforts aimed at curbing executive pay, compensation - related shareholder lawsuits and a tremendous amount of negative press coverage.

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.

Because the restricted shares are accounted for as options, the Notes are not recorded in the accompanying consolidated balance sheets, the shares are excluded in the totals for common stock outstanding as of April 30, 2012 and 2013 and December 31, 2013, and compensation cost is recognized over the requisite service period with an offsetting credit to additional paid - in capital.

Director compensation typically consists of a cash component (retainer), smaller cash amounts paid for attendance at board and committee meetings, and incentive compensation in the form of stock and stock option grants which vest over a period of a few years.

The HRC maintained the prevailing compensation program for named executives primarily based on its belief that the major compensation - mix adjustments made in 2010 would continue to be successful in furthering the Compensation Principles in 2011 and information received from the Company's major stockholders, including stockholders» over 96 % approval of the Say - on - Pay resolution at our 2011 annual stockholders&raqcompensation program for named executives primarily based on its belief that the major compensation - mix adjustments made in 2010 would continue to be successful in furthering the Compensation Principles in 2011 and information received from the Company's major stockholders, including stockholders» over 96 % approval of the Say - on - Pay resolution at our 2011 annual stockholders&raqcompensation - mix adjustments made in 2010 would continue to be successful in furthering the Compensation Principles in 2011 and information received from the Company's major stockholders, including stockholders» over 96 % approval of the Say - on - Pay resolution at our 2011 annual stockholders&raqCompensation Principles in 2011 and information received from the Company's major stockholders, including stockholders» over 96 % approval of the Say - on - Pay resolution at our 2011 annual stockholders» meeting.

Western University is proposing pay raises that would result in over $ 400,000 in increased wages between give senior executives whose current compensation totals $ 1.7 million.

Of course, with labor markets tight, some employers will attempt to attract new employees by offering higher wages and benefits, raising the average compensation paid to many employees over time.

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 accelerated.

The tender offer closed in September 2011, and at the close of the transaction, the Company recorded $ 34.7 million as compensation expense related to the excess of the selling price per share of common stock paid to the Company's employees and consultants over the fair value of the tendered share, and $ 35.8 million as deemed dividends in relation to excess of the selling price per share of common and preferred stock paid to existing investors in excess of the fair value of the shares tendered.

«Over a period of years we have tended to earn about 20 percent on capital per year before compensation, and about 3 percent of that has been paid to management as compensation, leaving 17 percent to the stock holders»

A: Glass Lewis Realizable Pay is calculated over a three - year period and includes: actual salary received; actual incentive cash granted and earned; the intrinsic value of time - vesting equity granted; the intrinsic value of performance - based equity granted and earned; and all other compensation paid.

In the settlement, MassMutual will pay out over $ 9MM in cash compensation, give a 60 - day window for any planned fund changes, and, most importantly, clearly disclose fees and expense ratios in plan funds as well as any revenue sharing payments it receives.

Other performance - based compensation plans should not be overlooked, as executive pay tied to performance objectives has become common practice over the years.

The Compensation Committee firmly believes in pay - for - performance and has therefore structured executive compensation so that over 90 % of Mr. Iger's compensation (and over 80 % of the compensation of other named executive officers) depends on the Company's financial results and the performance of DCompensation Committee firmly believes in pay - for - performance and has therefore structured executive compensation so that over 90 % of Mr. Iger's compensation (and over 80 % of the compensation of other named executive officers) depends on the Company's financial results and the performance of Dcompensation so that over 90 % of Mr. Iger's compensation (and over 80 % of the compensation of other named executive officers) depends on the Company's financial results and the performance of Dcompensation (and over 80 % of the compensation of other named executive officers) depends on the Company's financial results and the performance of Dcompensation of other named executive officers) depends on the Company's financial results and the performance of Disney stock.

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.

Over the same period, however, according to Fortune magazine, the average real annual compensation of the top 100 C.E.O.'s went from $ 1.3 million - 39 times the pay of an average worker - to $ 37.5 million, more than 1,000 times the pay of ordinary workers.

Israel would have admitted no responsibility for the expulsion of the Palestinian refugees in 1948, would have accepted the «family reunification» of only 10,000 per year for a decade (out of a total of over 3 million), and would not have paid compensation to them.

Free agent compensation must be paid by teams over the tax threshold only, is the word (w / draft pick below 1st round)

Hull will pay up to # 2.3 million for Tom Ince after they reached a compensation agreement with Blackpool over the winger.

Though they have had to pay tens of millions to Adidas as compensation, the kit deal with Nike is rumoured to be worth around # 60 million per year for fifteen years, amounting to roughly # 900 million over the course of the contract.

«Lagos State Government acquired the Land of the Trade Fair site but Federal Government took over the land and gave a promise to pay the state compensation which was to be paid to the original owners of the land but that compensation was not paid.

Yet despite huge delays on projects for the Child Support Agency and the MoD, and even having to pay compensation to the government over their tax credits system, the company founded in 1962 by eccentric Texan (and 1990s presidential candidate) Ross Perot remains the UK government's largest IT contractor.

In reality the level of compensation paid to farmers for cattle prematurely slaughtered due to TB runs to around # 30 million a year, over # 10 million of which is recovered by the Treasury as a result of the sale of TB meat into the food chain, without labelling or traceability.

The agreement for workers» compensation in the budget was key for business organizations that had reeled over last year's spending plan that included a minimum wage agreement setting the floor at $ 15 over the next several years and a paid family leave program.

The bill looks to address issues such as worker protections, overtime pay, public health protection and employer contributions to workers» compensation and unemployment funds and would afford greater rights for over 100,000 migrant farm workers throughout New York State, which boasts a powerful agricultural industry.

A further # 405,000 adverse legal cost and # 122,000 compensation over two years were paid out in relation to unlawful detention cases.

WASHINGTON, DC — The Department of Justice announced today that since it reopened in 2011, the September 11th Victim Compensation Fund (VCF) has paid over $ 1.52 billion to first responders, recovery workers, and residents who suffered physical ha

The EFCC subsequently received a petition alleging that over N50bn from the Employee Compensation Scheme fund, paid by Ministries, Departments and Agencies and private companies as well as another N18bn, being the contribution of the Federal Government as take - off grant to the NSITF, was mismanaged and diverted into the personal accounts of Olojeme and Umar Abubakar, a former Managing Director of the NSITF.

He recalled with pain how the state, under the military regime in 1975, «forcibly» took over 106 Catholic primary schools with seven secondary schools and one technical school without compensation, adding that the new tax was unnecessary, more so that new schools established by the Church had been paying various levies and taxes demanded by both local and state governments.

The prime minister has apologised and pledged to pay compensation in an attempt to end the row over the injustices meted out to children of Windrush - era migrants who had been unable to produce the documents demanded by the Home Office to establish their right to remain.

«On one occasion the governor paid compensation for over 70 cows to herdsmen, while host communities whose crops were destroyed were compensated by the state governor.»

Issuing ID cards will cost more than # 5bn over the next decade while scrapping the scheme now would leave the taxpayer with a relatively small compensation bill to pay.

By choosing one path over another, one job over another, you are making an investment that will hopefully pay off in all the important ways: with a fulfilling career, monetary compensation, a lifestyle you enjoy, and, most importantly, the opportunity for further learning and development.