Sentences with phrase «salaries of board members»

Adjustments to the salaries of the board members have been relatively few and far between over the last three decades.
In retrospect, this outcome should have been expected due to the low level of management ownership and the high salaries of board members.

Not exact matches

In a passage about the rising salaries of CEOs, Fisman and Sullivan suggest that one reason board members reward chief executives so lucratively is to avoid unpleasant interactions at meetings or the country club if their compensation is too low.
They came up with a two - part compensation package: a base salary, which the board pegs to what CEOs of similar - size companies in northeastern Ohio earn, and an annual bonus, fixed at 25 % of TRC's pretax profits, which board members feel is a typical CEO profit incentive at privately held growth companies in the region.
Each member of the Board and our Chief Executive Officer is subject to the following minimum stock ownership requirements: (i) each director shall own shares of Tesla stock equal in value to at least five times the annual cash retainer for directors (exclusive of retainer amounts for service as Lead Independent Director or as a member or chair of a Board committee), and (ii) our Chief Executive Officer shall own shares of Tesla stock equal in value to at least six times his / her base salary.
For 2016, the independent members of the Board made no change to Mrs. Rometty's base salary, target annual incentive or annual long - term incentive award value, relative to 2015.
For 2016, the independent members of the Board made no change to Mrs. Rometty's base salary or target incentive.
In order to encourage significant stock ownership by our directors and senior officers, and to further align their interests with the interests of FedEx's stockholders, the Board of Directors has established a goal that (i) within four years after joining the Board, each non-management director own FedEx shares valued at three times his or her annual retainer fee, and (ii) within four years after being appointed to his or her position, each member of senior management own FedEx shares valued at the following multiple of his or her annual base salary:
Truth is though we have members of the board, who get immense salaries for an unclear job to me.
6 - 3, 6 - 2 i think and now 6 - 0 is a score that you see when the top three play crystal palace, fulham and norwich and probably cardiff but for a top four side its a disgrace of a highest level, not sure if wenger see it that way as he still gets his fat salary in the bank and pat's on his back from the greedy board members and the stupid wenger lovers.
A $ 25,000 salary for Chicago Park District board members and the elimination of four - year terms for top park officials were part of eight restructuring proposals presented to the board by its staff Monday.
The three members of a state board meeting in Albany to consider minimum wage increases for New York's fast - food workers say salaries should rise, though they haven't immediately determined how high and when.
«The first thing Damon and I would do when we get in there is ask for the salaries of Town Board members to be held up until there is a contact.»
The fee is fixed by state law at «two percent of the first - year salary» of state officeholders and «one percent of the first - year salary» for members of Congress, the Board of Equalization, State Senate and State Assembly.
It is because members of Congress are prohibited from earning outside income above 15 percent of their yearly Congressional salaries, and from serving as officers or board members for compensation.
East Marion resident Linda Goldsmith, a member of the Oysterponds school board, called the salary increase unnecessary, saying it was possible «to find people to work, and good people to work,» at the lower salary.
Without a written policy, Ms. Lever said it was inadvertent last week that the administration said the order only applies to those «who do not take a salary»; virtually all members of all state board and commissions are unpaid.
Members of the JCOPE board do not receive a salary but do receive a $ 300 per - diem for each day they spend on JCOPE duties.
Sen. John Sampson, D - Brooklyn, revealed that he is an owner of Wine and Spirits, a store in Brooklyn, and that he draws a salary from In Touch Communications, a firm on which he is a board member.
She said she was inspired to run after the board's votes last year to increase taxes — the first increase after six years of nominal decreases — and to give salary raises totaling nearly $ 100,000 to elected officials, including 40 percent pay hikes for the board's four part - time members.
Keem said Town Board members looked at the average salary of similar officials in other towns to come up with the pay for other elected officials.
The post carries with it a $ 1,200 increase over the regular Town Board member salary of $ 6,123.
Russo cited a Town Board member who recently finished a dozen years on the board who earned $ 40,000 annually in benefits on top of what is one of the highest town board salaries in the area — now more than $ 22Board member who recently finished a dozen years on the board who earned $ 40,000 annually in benefits on top of what is one of the highest town board salaries in the area — now more than $ 22board who earned $ 40,000 annually in benefits on top of what is one of the highest town board salaries in the area — now more than $ 22board salaries in the area — now more than $ 22,000.
Asked why she had opposed the resolution, Walls said that she had a problem with the $ 1,000 - apiece reduction of the board members» salaries, from $ 5,264 each in 2015 to $ 4,264 each in 2016.
Eventually, several Town Board members, Hausner, Borelli and Hoehmann voted to eliminate the position but Sparaco was rehired into a «Confidential Secretary» position by Ballard at an increased salary of $ 103,600.
Not surprisingly, perhaps, board members who are or were educators (27 percent of the total surveyed) believe that funding is a barrier and that the focus on student achievement is misplaced; these beliefs were held «regardless of the actual level of funding in the district,» «regardless of the actual teacher salaries» in the district, and «even after controlling for the type of student population that the district serves and the actual rigor of academic standards» in the district.
(The superintendent and staff would be paid real salaries and be housed in a real office; the school board would be made up of various «education experts» or maybe «stakeholders» who, like real school board members, would volunteer their time.)
Members of the United Teachers - Los Angeles last week voted overwhelmingly to authorize their board of directors to call a strike if union leaders are unable to negotiate a salary agreement with the city's school board.
While the majority of school board members voted for the contract, they did vow to be tougher in ongoing salary negotiations.
Recently, the Ofsted chief Sir Michael Wilshaw criticised seven sizeable academy chains for failing to improve the results of too many pupils in their schools, while paying board members large salaries.
School board members and superintendents should consider which incentives would be good to attract new teachers to school improvement in comparison to the rest of the states, board members should be knowledgeable of the average salaries of teachers.
The revised policy will also provide Constituent District Board members with a supplemental salary that is 20 % of the minimum base salary of a teacher in the 2017 - 18 school year (~ $ 7,200), with each Constituent District Board chair receiving an additional $ 500.
However, he took a consensus of the school board members prior to this week's vote on the budget cuts and offered a tiered salary cut plan, which was approved.
School board pay: Erika Donalds, a member of the Collier County School Board and Florida's Constitution Revision Commission, says she has decided to resubmit a proposal to end salaries for school board memboard pay: Erika Donalds, a member of the Collier County School Board and Florida's Constitution Revision Commission, says she has decided to resubmit a proposal to end salaries for school board memBoard and Florida's Constitution Revision Commission, says she has decided to resubmit a proposal to end salaries for school board memboard members.
At a recent presentation, members of the Dallas ISD board of trustees were told the average salary of new teachers in nearby districts was $ 52,125 while the average salary for teachers with 24 years of experience in those districts was $ 61,156.
DPI staff presented the latest cuts to members of the State Board of Education this week, although they pointed out this year's $ 300,000 cut allows the administrative office the flexibility to use lapsed salary dollars — in other words, cash slated for unfilled positions — to meet the reduction, rather than forcing the agency to ax more jobs.
He says he has had little luck mobilizing investors, despite the fact that many of the board members» salaries, which are determined by the directors themselves and taken out of shareholder assets, are so eye - catching.
CWS does not pay its board members and volunteers, so Miss Ng's salary is paid by the Patrick D Harrigan Foundation, following its pledge of support.
«It was foreseen in the project budget that the board members of each clan association would receive a salary of R$ 2,000.00 ($ 762.00) for a period of three years,» they wrote.
Total cost inclusive of arbitrators salary, paying for claimants board member, rental of venue facilities and travel (hearing was held as close as possible to claimants location) was a maximum of $ 15K.
Members of the recently - created Accounting Oversight Board are to be paid $ 450,000 per year — a lot of money by any measure, but reflective, one would think, of Congress» considered judgment that such a salary was necessary to attract the best available accountancy talent.
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