Sentences with phrase «variable compensation plan»

If the variable compensation plan is ambiguous about payment after the employee has been dismissed then the employee will be entitled to the variable compensation if it would have been paid during the reasonable notice period.4

The company has totally revamped its variable compensation plan for thousands of employees, emphasizing factors that drive return on invested capital, which should boost future results.

Reductions in the amount paid for a bonus, commission rates, and other variable compensation plans often raise contentious questions as to whether the employer was entitled to change these particular terms of employment at its discretion.

Not exact matches

The risk assessment process included, among other things, a review of (i) all key incentive compensation plans to ensure that they are aligned with our pay - for - performance philosophy and include performance metrics that meet and support corporate goals, and (ii) the overall compensation mix to ensure an appropriate balance between fixed and variable pay components and between short - term and long - term incentives.

If a program sponsor or advisor earns any kind of variable compensation from its IRA or plan clients under its managed account program, it would need BIC relief.

She also recommends that firms identify all the products and services they have sold to retirement plans and IRA accounts along with all instances of variable compensation, confirm they have adequate surpevisory control and develop strategies to comply with the rule.

401k Annual compensation limits are probably one of the least understood variables that could affect your 401k retirement plan savings rate.

Homburger represents its clients before Swiss courts and arbitration tribunals in employment - related matters and advises on all employment law issues, in particular on: employment contracts for executives, including compensation packages, non-compete covenants and «golden parachutes»; standard employment contracts and customised employment concepts (contracts, regulations, employee handbooks); employee participation plans and variable compensation schemes (e.g., long - term incentive schemes, management participation on acquisitions, stock option plans, bonus and gratification schemes); transfer of business units and outsourcing; business restructuring (staff reduction, collective dismissals), contract and gardening leave; data protection; and posting of employees and work permit applications.

To determine the employee's entitlement to variable compensation the employee's employment contract should be reviewed as the relevant stock option, restrictive stock unit or bonus plan («plan»).

If a plan states that payment of variable compensation is discretionary the employer must use its discretion in a fair and reasonable manner.

Wrongful dismissal litigation involving disputes over entitlements to bonuses, stock options and other forms of variable compensation generally focuses on the specific language used in the employment contract or the stock option or bonus plan.

The payment of variable compensation during the reasonable notice period will depend on whether the variable compensation was an integral part of the employee's annual salary and the language of the plan.3

Non-Qualified Retirement Plans: Having maximized your contributions to your Qualified Plan, we can show you how Variable Annuities, Variable and Universal Life Insurance, Non-Deductible and Roth IRAs, and Deferred Compensations Plans can provide Opportunities for creating supplemental retirement income.

The analyses suggest that accounting for variable costs is the key to setting compensation plans that maximize brokerage income.