Sentences with phrase «than compensation based»
Whilst with some contracts it is possible to claim damages for loss of enjoyment and / or inconvenience, English law generally is loss rather than compensation based.
https://www.darlingtons.com/ Not exact matches
«You might also want to consider performance - based compensation rather than a front loaded salary.»
(i) Assist companies in determining and interpreting their ratio (revenue stream number one); (ii) Sell the data back to companies to compare and explain ratios among their peers on an industry - by - industry basis, because average worker compensation for Bank of America will be different than that of Apple, for example (revenue stream number two); and (iii) Sell the data to labor groups to assist them in collective bargaining (revenue stream number three).
Volkswagen agreed to pay at least $ 1.26 billion in compensation in the U.S. and could pay more than $ 4 billion if regulators don't approve fixes to cars, Reuters reported based on court documents.
One way to control sky - high C - suite pay packages is to base compensation on better metrics than just stock prices
New organizations in new markets need compensation plans reflecting the volatile environment, usually with higher - than - average base pay.
We share Martin's concern that option - based compensation may drive destruction rather than creation of shareholder value.
Stock - based compensation expenses have a less than one percent impact on non-GAAP projected product gross margin
These increases were partially offset by lower stock - based compensation expense as a result of forfeitures of stock during the quarter and making our annual stock grant later in the quarter than we did in the first quarter of 2017.
The performance goals upon which the payment or vesting of any Incentive Award (other than Options and stock appreciation rights) that is intended to qualify as Performance - Based Compensation depends shall relate to one or more of the following Performance Measures: market price of Capital Stock, earnings per share of Capital Stock, income, net income or profit (before or after taxes), economic profit, operating income, operating margin, profit margin, gross margins, return on equity or stockholder equity, total shareholder return, market capitalization, enterprise value, cash flow (including but not limited to operating cash flow and free cash flow), cash position, return on assets or net assets, return on capital, return on invested
Other than periodic incentive plans that were historically provided to Mr. McNeill based on the achievement of specific customer - related metrics, including as set forth under the «Non-Equity Incentive Plan Compensation» column in «Executive Compensation — Summary Compensation Table» below, we do not currently have or have planned any specific arrangements with our named executive officers providing for cash - based bonus awards.
For the individual serving as the chief executive officer of the Company at the end of the taxable year and for the individuals serving as officers of the Company or a subsidiary at the end of such year who are among the three highest compensated officers (other than the chief executive officer and chief financial officer) for proxy reporting purposes, Section 162 (m) of the Code limits the amount of compensation otherwise deductible by the Company and its subsidiaries for such year to $ 1,000,000 for each such individual except to the extent that such compensation is «performance - based compensation.»
We moved to a system of compensation that was based on stock prices rather than on intrinsic values.
In setting base salaries at higher than pre-financial crisis levels and reducing target and maximum annual incentive compensation opportunities from pre-financial crisis levels, the HRC intended to establish a more balanced relationship between fixed and variable annual compensation to reduce the focus on short - term performance and the potential related risks.
In determining the compensation of our named executive officers other than our Chief Executive Officer, the compensation committee receives input from our Chief Executive Officer and Executive Vice President of Human Resources with respect to appropriate base salary levels and short - term and long - term incentive awards for such officers.
In the United States last year, close to 20 percent of private - sector employees owned stock, and 7 percent held stock options, in the companies where they worked, while about one - third participated in some kind of cash profit - sharing and one - fourth in gain - sharing (when workers get additional compensation based on improvement on a metric other than profits, like sales or customer satisfaction).
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.
At Northbrook - based Allstate, CEO Tom Wilson's $ 18.76 million compensation last year was 230 times higher than the $ 81,573 earned by the insurance company's median employee.
Because of the limitations of Internal Revenue Code Section 162 (m), we generally receive a federal income tax deduction for compensation paid to our chief executive officer and to certain other highly compensated officers only if the compensation is less than $ 1,000,000 per person during any fiscal year or is «performance - based» under Code Section 162 (m).
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.
But this is to be expected if the higher fees are part of the compensation model (many advisors point out that 25 basis point 12b - 1 trails are a lot lower than 1 % asset management fees, and some active funds have modest expense ratios).
Section 162 (m) of the Code imposes a $ 1.0 million cap on the compensation deduction that a public company may take in respect of compensation paid to our «covered employees» (which includes our Chief Executive Officer and our next three most highly compensated employees other than our Chief Financial Officer), but excludes from the calculation of amounts subject to this limitation any amounts that constitute «qualified performance - based compensation,» or «QPBC,» within the meaning of Section 162 (m) of the Code.
InsperityTM also announced compensation metrics from its base of more than 5,700 small and medium - sized businesses.
Fourth quarter same — fourth quarter restaurant labor expenses were 50 basis points lower than last year on a percentage of sales basis due to increased productivity and lower restaurant manager incentive compensation expense.
Based on the limitations imposed by Code Section 162 (m), we generally may receive a federal income tax deduction for compensation paid to our Chief Executive Officer and to certain of our other highly compensated officers only if the compensation is less than $ 1,000,000 per person during any year or is «performance - based» under Code Section 162Based on the limitations imposed by Code Section 162 (m), we generally may receive a federal income tax deduction for compensation paid to our Chief Executive Officer and to certain of our other highly compensated officers only if the compensation is less than $ 1,000,000 per person during any year or is «performance - based» under Code Section 162based» under Code Section 162 (m).
In reducing base salaries from 2009 levels (but maintaining them at higher than pre-financial crisis levels), the HRC intended to establish a more balanced relationship between fixed and variable annual compensation to reduce the focus on short - term performance and the potential related risks.
Selling, general and administrative expenses were 74 basis points lower than last year as a percentage of sales due to sales leveraging, lower incentive compensation and a reduction in media spend at Olive Garden.
SMP's compensation committee uses EVA because «the principles of an EVA program have a better statistical correlation with the creation of value for stockholders than a cash incentive program based on performance measures.»
Similarly, unit labour costs (based on compensation per hour worked) picked up a little in the December quarter, rising by 1.4 per cent to be 2.3 per cent higher than a year ago.
Compensation is often more than just a base salary.
investment management professionals (43 %) receive more than half of their compensation based on their annual performance; similarly, nearly 80 % of investment management professionals surveyed have less than half of their compensation based on longer - term performance measures.
In addition, the structure of compensation incentives in the investment management industry further encourages the short - term focus; a surprisingly large number of investment professionals have less than half of their compensation based on longer - term performance measures.
Importantly, Tesla said it expects its gross profit to grow at a much more rapid rate than its non-GAAP operating expenses in the coming quarters, positioning Tesla to «at least be profitable in Q3 and Q4 excluding non-cash stock based compensation,» management said.
The company recently delivered its first quarter of GAAP pre-tax profit since Q4 2012, due in part to progress in improving operating leverage and the lowest quarter of stock - based compensation expense in more than three years.
Compensation is based on the net profitability of your office and gross payout is higher than at traditional full - service firms.
The Fed rate statement also noted that «market - based measures of inflation compensation remain low», a reference to soft wage growth, which is at 2.7 %, lower than the 3 % rate that the Fed would like to see.
While the Compensation Committee considers short - term performance - based cash bonuses to be a less significant compensation tool than equity awards in terms of driving long - term stockholder value, the Committee believes they play an imporCompensation Committee considers short - term performance - based cash bonuses to be a less significant compensation tool than equity awards in terms of driving long - term stockholder value, the Committee believes they play an imporcompensation tool than equity awards in terms of driving long - term stockholder value, the Committee believes they play an important role in
The Compensation Committee makes grant decisions on a share - denominated basis rather than a price basis.
«The sin of usury is not simply the charging of interest on a loan, but the charging of interest on a loan in virtue of the very making of the loan, rather than in virtue of some factor related to the loan which provides a basis for a fair demand for compensation.»
I suspect our teacher unions would not be adverse to let some portion of their member teachers compensation be based on a test score bonus rather than the meddling of school boards.
It is the result mainly of economic pressure and an outdated legal system meaning compensation must be calculated on the basis of private rather than NHS care.
A Queens - based contractor that worked on a number of New York City projects, including 111 W. 57th St. on Billionaires» Row, was charged with stealing more than $ 1.7 million in wages from its workers and $ 7.8 million from the state by manipulating the workers - compensation system, according to Manhattan District Attorney Cyrus Vance Jr., who announced the charges at a Wednesday press conference.
Like in most professional occupations, the compensation of teachers includes more than just a base salary.
It has also participated in the development of the Common Core Standards initiative; created alternative - certification routes that allow organizations other than education schools to give teachers credentials; improved its teacher pipeline through strong partnerships with the New Teacher Project and Teacher for America; and experimented with performance - based compensation in 41 school districts.
A new study by the Collaborative on Academic Careers in Higher Education (COACHE), a research project based at the Harvard Graduate School of Education, has revealed that climate, culture, and collegiality are more important to the satisfaction of early career faculty than compensation, tenure clarity, workload, and policy effectiveness.
An Instructional Designer with late - career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $ 81,000 based on 124 salaries.
She was the co-lead author of It's More Than Money; Tying Earning to Learning: The Link Between Teacher Compensation and Student Learning Objectives; Focus on Literacy: Professional Development Audit; Catalyst for Change (the summative Denver report on performance - based compensation); and New Directions in Christina (the summative report on systemic reform in Delaware's largesCompensation and Student Learning Objectives; Focus on Literacy: Professional Development Audit; Catalyst for Change (the summative Denver report on performance - based compensation); and New Directions in Christina (the summative report on systemic reform in Delaware's largescompensation); and New Directions in Christina (the summative report on systemic reform in Delaware's largest district).
No such annuity shall provide for more than the total difference in retirement income between the retirement benefit based on average monthly compensation and creditable service as of the member's early retirement date and the early retirement benefit.
He has been the lead or co-lead author of numerous evaluations (including It's More Than Money, Catalyst for Change, and Pathway to Results, the first comprehensive, longitudinal evaluative studies of the impact of performance - based compensation on student achievement, teacher effectiveness and systems change) and articles, and provides briefings to members of the U.S. Congress, the U.S. Department of Education, state legislatures and departments of education, and the media.
No such annuity may provide for more than the total difference in retirement income between the retirement benefit based on average monthly compensation and creditable service as of the member's early retirement date and the early retirement benefit.