Sentences with phrase «with performance incentives»

The remaining 95 % he based on values for each task agreed in advance — with performance incentives and penalties for the law firms.
Blesing supports moves by research managers to introduce limited term contracts with performance incentives.
They are paid a floor wage of the state minimum $ 7.25, with performance incentives to make up to $ 10 an hour.

Not exact matches

The problem with paying independent directors this way is that there is little incentive for personal performance or company performance.
However, advocates of reforming executive pay — by linking it with performance and reducing incentives for risk - taking — argue the pay ceilings are so high they lack teeth.
The Company uses the non-GAAP financial measures set forth in the news release in connection with its own budgeting and financial planning internally to evaluate the performance of the business, including to allocate resources and to evaluate results relative to incentive compensation targets.
With an expansion of for - profit prisons on the horizon, it is more important than ever that the government restructure contracts with the private prison industry to boost performance and change incentiWith an expansion of for - profit prisons on the horizon, it is more important than ever that the government restructure contracts with the private prison industry to boost performance and change incentiwith the private prison industry to boost performance and change incentives.
The Plan permits grants of the following types of incentive awards subject to such terms and conditions as the Leadership Development and Compensation Committee shall determine, consistent with the terms of the Plan: (1) stock options, including stock options intended to qualify as ISOs, (2) other stock - based awards, including in the form of stock appreciation rights, phantom stock, restricted stock, restricted stock units, performance shares, deferred share units or share - denominated performance units, and (3) cash awards.
The LTIP is intended to supplement our existing compensation program, and, consistent with our compensation philosophy, to further align incentive compensation with long - term performance in a manner that does not encourage imprudent risk taking.
The Compensation Committee also considered that the annual cash incentive plan already incentivizes performance on three key Company - specific financial measures, and the importance of emphasizing holistic Company performance, as opposed to an isolated metric; the importance of setting a sufficiently difficult target for maximum payout; the benefit of a large and objectively determined performance comparator group; and the overarching goal of an incentive clearly and directly aligned with stockholder interests.
In August 2012, to create incentives for continued long - term success from the then - recently launched Model S program as well as from Tesla's then - planned Model X and Model 3 programs, and to further align executive compensation with increases in stockholder value, the Board granted to Mr. Musk a stock option award to purchase 5,274,901 shares of Tesla's common stock (the «2012 CEO Performance Award»), representing 5 % of Tesla's total issued and outstanding shares at the time of grant.
Each year the Committee, along with HP management, establishes performance targets for short - and long - term incentive plans that require the achievement of significant financial results.
Other specific duties and responsibilities of the HR and Compensation Committee include reviewing senior management selection and overseeing succession planning, including reviewing the leadership development process; reviewing and approving objectives relevant to executive officer compensation, evaluating performance and determining the compensation of executive officers in accordance with those objectives; approving severance arrangements and other applicable agreements for executive officers; overseeing HP's equity and incentive compensation plans; overseeing non-equity based benefit plans and approving any changes to such plans involving a material financial commitment by HP;
Under this initiative, senior Company human resources, compliance, credit, and legal personnel compiled and analyzed extensive information about the Company's incentive plans, including plan documents, eligibility criteria, payout formulas and payment history, and held extensive interviews with business line managers to understand how evaluation of business risk affects incentive plan performance measures and compensation decisions.
This performance was reflected in our NEOs» cash incentive awards, which, consistent with our pay - for - performance philosophy, paid out at higher levels for fiscal 2013 than for fiscal 2012:
Annual Incentive Plan targets and performance goals are approved at the Compensation Committee meeting shortly after the commencement of the applicable performance period, the intent of which is to ensure compliance with Section 162 (m) of the Code regarding performance - based pay.
Our NEOs» annual and long - term incentive pay is based on operating income, sales, and ROI, which are aligned with our strategy, can be impacted by our executives, and are important indicators of retail performance.
Commensurate with its responsibilities, the CNGC continues to analyze whether the performance measures used in our incentive compensation programs properly incentivize our senior executives to achieve the Company's strategic priorities in light of our evolving business strategy and consistent with the rules and regulations of the SEC.
In addition, to create incentives for the attainment of clear performance objectives around a key element of our current business plan — the successful launch and commercialization of the Model S — the Board of Directors approved additional options totaling an additional 4 % of our fully - diluted shares as of December 4, 2009, or 10,067,960 stock options, with 1 / 4th of the shares to vest based entirely on the attainment of each of four performance milestones, assuming continued employment through each vesting date.
Incentive compensation, which is located in both the restaurant labor line and the SG&A line of the P&L, was below normalized level throughout fiscal 2012 with reduced, and in some cases, 0 bonus payouts based on performance.
While HP Co. reports its financial results in accordance with U.S. GAAP, some financial performance targets under HP Co.'s incentive plans are based on non-GAAP financial measures that have been adjusted to exclude certain items.
Create some healthy competition and reward excellent performance with incentives for successful goal achievement.
While HP Co. reports its financial results in accordance with U.S. generally accepted accounting principles («GAAP»), HP Co.'s financial performance targets and results under its incentive plans are sometimes based on non-GAAP financial measures.
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.
The HRC chose to grant Performance Share awards as long - term incentive compensation because the HRC believes the Performance Share awards closely align management interests with stockholders» interests.
The HRC also considered each of the named executive's base salary and annual incentive compensation target in connection with the value of the Performance Share awards to set total fixed and target variable compensation for the named executives between the estimated median and 75th percentile of the Labor Market Peer Group.
We believe that such equity awards provide an effective performance incentive because executive officers obtain increasing value from their options and RSUs if our stock price increases (which would benefit all stockholders) and they remain employed with us beyond the date that their options or RSUs vest.
Consistent with our pay - for - performance philosophy and reflecting FedEx's below - plan financial performance during fiscal 2014, the payouts under our annual incentive compensation («AIC») program were below target.
Following the completion of this offering, we plan to continue to work with independent compensation consultants to maintain a list of peer group public companies of similar size and in comparable industries which our compensation committee can reference when analyzing executive officer compensation to ensure our executive compensation program is, and remains, competitive and offers the appropriate retention and performance incentives.
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.»
Other specific duties and responsibilities of the HR and Compensation Committee include reviewing senior management selection and overseeing succession planning, including reviewing the leadership development process; reviewing and approving objectives relevant to executive officer compensation and evaluating performance and determining the compensation of executive officers in accordance with those objectives; approving severance arrangements and other applicable agreements for executive officers; overseeing HP's equity and incentive compensation plans; overseeing non-equity-based benefit plans and approving any changes to such plans involving a material financial commitment by HP; monitoring workforce management programs; establishing compensation policies and practices for service on the Board and its committees, including annually reviewing the appropriate level of director compensation and recommending to the Board any changes to that compensation; developing stock ownership guidelines for directors and executive officers and monitoring compliance with such guidelines; and annually evaluating its performance and its charter.
They are granted under a broader incentive plan and will sit with a host of other performance rights that significantly bolster Mr Clarke's pay packet through share - based incentives.
Their Scrappage Incentive was conceived to assist food businesses with their growth and expansion plans, leveraging the company's industry knowledge and relationships with the best - in - class suppliers in terms of performance, ROI and reliability.
saying that the keynesian conception is about spending what you earn is the opposite of what it stands for (its actually what you haplessly describe as the neoclassical position) beyond the even more meaningless claim that wenger adheres to it... keynes broke with the idea that the economy was simply a collection of perfectly informed individuals and firms responding rationally to price incentives generated by market forces and that the big variables that frame an economies performance — output, employment, price level, wages, etc — tend to move in cycles and are shaped by decisions and judgements made under hugely uncertain conditions that if left to markets generate bad outcomes..
And while the comfort that comes with Homeleader's towel warmer is incentive enough to dish out your dough, this rack brings practical performance to the table too: it's a well - known fact that bacteria, mildew, and even mold can collect in warm, damp surfaces — but with Homeleader's drying technology, you can rest assured knowing that your bathroom is fungus - free from here on out.
The decision has one down - side that the electricity market reform will have to resolve: by dropping the CCS levy on consumers and committing to taxpayer funding, it reduces the incentive of the existing power companies to engage with CCS, and reinforces the need for a strong emissions performance standard to ensure they have clarity about the low carbon direction of the electricity market.
The thought is that if companies provide managers with incentive pay, which is closely related to firm performance, then managers will be willing to take more risks,» she said.
Their findings show that care for older patients was no better at hospitals that had been operating under pay for performance programs for more than a decade compared with those which had only been under financial incentives for less than three years.
Chib believes that these results confirm that the ventral striatum is the interface between incentive - driven motivation and execution of physical performance, and he hopes these insights could help coaches and others to work with — or overcome — people's loss aversion in order to maximize their performance.
By monitoring the participants» brain activity as they were presented with incentives and then performed a skilled movement task, the researchers found that performance is influenced by a brain area called the ventral striatum.
$ 8 billion) over first ten years for deficit reductionObeys PAYGO; Starting in 2026, 25 % of auction revenues for deficit reductionFuels and TransportationIncrease biofuels to 60 million gallons by 2030, low - carbon fuel standard of 10 % by 2010, 1 million plug» in hybrid cars by 2025, raise fuel economy standards, smart growth funding, end oil subsidies, promote natural gas drilling, enhanced oil recoverySmart growth funding, plug - in hybrids, raise fuel economy standards $ 7 billion a year for smart growth funding, plug - in hybrids, natural gas vehicles, raise fuel economy standards; offshore drilling with revenue sharing and oil spill veto, natural gas fracking disclosureCost ContainmentInternational offsetsOffset pool, banking and borrowing flexibility, soft price collar using permit reserve auction at $ 28 per ton going to 60 % above three - year - average market price» Hard» price collar between $ 12 and $ 25 per ton, floor increases at 3 % + CPI, ceiling at 5 % + CPI, plus permit reserve auction, offsets like W - MClean Air Act And StatesNot discussedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/10.
-- The emission allowances provided pursuant to this Act to the States SEED Accounts shall support the implementation through State REEP programs of alternate means of creating incentives for, or reducing financial barriers to, improved energy and environmental performance in buildings, consistent with this section, including --
Reporting only aggregated adherence rates could create an incentive to avoid groups with worse outcomes rather than undertaking interventions to improve their care.41 Some health plans or clinicians may avoid enrolling minority patients, for whom performance rates are typically lower.42, 43 Stratifying performance rates by race, ethnicity, or other demographic characteristics may mitigate such undesired effects by not penalizing organizations that disproportionately treat minority patients.
[8] While Deming and Walters can not disentangle precisely what it is that institutions do with their money that makes the difference, prior research suggests that targeted financial assistance, improved advising, performance incentives, or some combination of interventions may be effective.
Given the contentiousness of these policies and the political volatility associated with Mayor Fenty's loss and Chancellor Rhee's resignation, teachers may have reasonably doubted the staying power of IMPACT's performance - based dismissal threats, opting not to respond to its incentives.
The report seems to emphasize the link between measurement and teacher performance, stating that «Teacher motivation and incentives makes a difference, even with few inputs.»
But with schools searching for new ways to boost performance among low - income, low - performing students, some districts have found that incentives to draw the best teachers and administrators to the worst schools are paying off.
The next round must get to measuring teacher effectiveness based on student achievement, promoting professional development that is based on research and effective practice and improves performance, providing incentives for teachers who are effective, and requiring removal of teachers who, even with solid professional development, can't or don't improve.
Initiatives to provide better incentives for improvement have included the creation of stronger performance cultures in schools, with teachers and school leaders being held personally accountable for improving students» performances.
The fact is, though Kozol ignores it, that changing the incentives of urban schools (with choice or accountability) yields much more of a change in performance than more money does.
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