Sentences with phrase «year pay award»

«Teachers in England and Wales will be relieved that the final year of the three year pay award they had been promised will be honoured by this Government.

Not exact matches

If Valeant hits $ 150 a share, Papa gets to keep 100 % of the allotted performance - based stock awards, making his total pay balloon to about $ 300 million, or a whopping $ 75 million per year.

Add another one to the list: for one year, it smashed all records for the highest executive compensation in Canada, awarding its former CEO Michael Pearson $ 179 million in company stock, for a total take - home of $ 182 million, more than double paid to the previous year's highest paid CEO, BlackBerry's John Chen.

Each winner will receive a $ 625,000 award paid out over five years as an «investment in their potential» — with no strings attached.

The Wells Fargo board awarded the bank's top five executives $ 43.7 million in discretionary bonuses this year, so — called «performance based» pay.

Exxon is recommending a vote on executive pay every three years, although pay is awarded annually and shareholders as a general matter tend to prefer annual votes.

Viacom also said that the bonus paid to its CEO Philippe Dauman declined 30 % to $ 14 million in fiscal 2015, while his contractually provided salary of $ 4 million and an annual equity award worth $ 18.9 million were not much changed from the prior year.

Fink was awarded $ 27.7 million in compensation last year, compared to $ 25.5 million in 2016, based on a calculation of his pay in line with U.S. Securities and...

The chief executives of Scotiabank and the Bank of Montreal also got pay bumps last year, although the raises were more moderate than those awarded to newer bank CEOs.

Chairman Richard Meddings said Pester had agreed not to take the portion of his bonus related to a successful migration of customers to the computer system, but declined to say if the CEO would be awarded any other incentive pay this year.

Proxy advisory firm Institutional Shareholder Services on Thursday recommended Tesla Inc stockholders reject a multi-billion-dollar, 10 - year pay package for Chief Executive Elon Musk, saying the «unprecedented» award was too rich.

As discussed in the CD&A under «Compensation Components» and «Achieving Compensation Objectives — Pay for Performance,» we have provided incentive compensation in the form of an annual cash incentive award based on Company, business line and individual qualitative performance results for each fiscal year, and long - term incentive compensation generally in the form of stock option grants and, in certain circumstances, RSRs to reward our SEOs for contribution to growth in long - term stockholder value.

Even without the cut, Sorrell would have been upstaged in the U.K.'s pay stakes by Jeff Fairburn, CEO of homebuilder Persimmons, who is set for a total bonus award of around 100 million pounds, with 40 million pounds due this year.

If we terminate Mr. Drexler's employment without cause or he terminates his employment with good reason, Mr. Drexler will be entitled to receive (i) a payment of his earned but unpaid annual base salary through the termination date, any accrued vacation pay and any un-reimbursed expenses, and (ii) subject to Mr. Drexler's execution of a valid general release and waiver of claims against us, as well as his compliance with the non-competition, non-solicitation and confidential information restrictions described below, (a) a payment equal to his annual base salary and target cash incentive award, one - half of such payment to be paid on the first business day that is six (6) months and one (1) day following the termination date and the remaining one - half of such payment to be paid in six equal monthly installments commencing on the first business day of the seventh calendar month following the termination date, (b) a payment equal to the product of (x) the last annual cash incentive award Mr. Drexler received prior to the termination date and (y) a fraction, the numerator of which is the number of days of service completed by Mr. Drexler in the year of termination and the denominator of which is 365, such amount to be paid on the first business day that is six (6) months and one (1) day following the termination date, and (c) the immediate vesting of such portion of unvested restricted shares and stock options as provided and pursuant to the terms of the relevant grant agreements under our 2003 Equity Incentive Plan.

The general system of counting CEO pay includes multi-year stock awards, in their entirety, in the year they are issued, not when they vest.

I don't envy Musk for having to spoon - feed analysts four times a year, but then I wasn't recently awarded a $ 2.6 billion pay package.

These additional metrics are intended to frame performance expectations for the year for the Named Executive Officers but not to assure or preclude payment of an incentive award or to be used in any fixed or specific mathematical formula related to the amount of the incentive award to be paid.

These EBITDA performance targets are the key measures used to determine whether an incentive award will be paid for the fiscal year and, to the extent achieved, determine the range of the incentive award opportunity for the Named Executive Officers.

Gorman missed out on performance stock units granted as part of his 2009 pay after the firm missed the targets attached to those awards in the three years ended in 2012.

In one of the most publicised spats over executive pay in recent years, a number of BP plc shareholders voiced their displeasure over the level of pay awarded to Bob Dudley, the company's CEO, in the lead up to the Company's 2016 AGM.

Ultimately, investors should keep in mind that the $ 8 million award was only 0.05 % of the approximately $ 16 billion in adjusted income Pfizer brought in last year, which seems like a small price to pay to ensure continuality of leadership at the top.

In accordance with the terms of the Executive Bonus Plan, each year the Compensation Committee assigns each participant a target award cash bonus opportunity and establishes the financial performance measure or measures and related target levels that must be achieved before an award actually will be paid to the participant for that year.

Late on Tuesday, after several years of negotiations, Domino's finally proposed a new agreement that paid workers a few cents higher than the award rate and introduced three - hour minimum shifts.

The ACF Chef Educator of the Year Award, established in 1998, pays tribute to an active culinary educator whose knowledge, skills and expertise has enhanced the image of the professional chef, and who, by example, has provided guidance to students seeking a career in the culinary profession.

The Retail Produce Manager Awards Program sponsored by Dole Food Company and now in it's 12th year, pays special recognition to produce managers on the front line in supermarkets working everyday to increase sales and consumption of fresh fruits and vegetables.

In 2018, up to three selected proposals will receive an award with an anticipated value of up to $ 150,000 paid over three years.

The Spaniard has spoken before about how the manager's trust has really helped him and it is certainly paying off this year as Cazorla has won the last two PFA Player of the Month awards, but can he keep going and win the annual prize?

Chelsea paid # 32m to bring Hazard to Stamford Bridge in 2012, and he has proven a huge success in English football so far, looking a big favourite to win the PFA Player of the Year award this term.

The teenager would go on to win the League and FA Cup double, and win the Young Player of the year award during his time at Arsenal, and his huge # 23million sale paid for Arsenal to upgrade all training facilities.

Watford striker Matěj Vydra has been one of the stars in Championship division this season, scoring 20 goals already and all his hard work has been paid off with an important acknowledgement as the striker received Championship Player of the Year award.

Highest paying sports competitions: $ 1.5 Billion is awarded in prize money and bonuses every year in UEFA Champions league, which is the european elite club competition where clubs from 54 countries participate.

The village was awarded a $ 1.8 million grant last year from the Illinois Department of Transportation that is being used to pay for regrading the area and reducing the slopes of the pond.

Nationwide Insurance is the proud sponsor of the PAYS Parent of the Year award.

For the second year in a row, the Naperville Park District has been awarded a state grant to help pay for developing new ballfields, paths and a parking lot at a new community park.

The Mo Ibrahim award for «Achievement in African Leadership» rewards good governance with five million USD paid over ten years to support government programs.

«The two - year pay freeze follows a long period of real terms cuts for teachers, when their pay awards were well below inflation.

More than half of teachers (57 %) across England have not received or had confirmed that they will receive their 1 % pay award this year, a survey by the NASUWT, the largest teachers» union in the UK has found.

Chemung Countye — For the two years ending Dec. 31, 2010, a unanimous panel awarded deputy sheriffs base pay increases of 5.8 to 6.8 percent, depending on step, along with a 10 percent hike in entry - level base pay.

Ian will remind the Home Secretary that officers of all ranks have lost confidence in the Government following the disastrous handling of last year's pay award and warned «there must never be a repeat of the discreditable process».

The final budget is expected to include the governor's plan to allocate $ 1.5 billion, from $ 5.4 billion from bank settlement funds, for an economic development competition where seven regions in the state would compete for three awards of $ 500 million in economic aid paid over the course of five years.

However, the proportion of awards going to people who have undertaken outstanding work in their communities either in a voluntary or paid capacity has fallen from 74 % last year to 70 % this year.

Medical Malpractice Lawsuit Limitation — Vote Passed (218 - 210, 6 Not Voting) The House passed a bill that would limit to $ 250,000 the non-economic damages that can be awarded in a medical malpractice lawsuit in which the plaintiff's health care was paid for in whole or in part via a federal program, subsidy or tax benefit, and would establish a statute of limitations for initiating such lawsuits of either three years following the plaintiff's injury, or one year after the plaintiff discovers such injury, whichever occurs first.

Under the parameters of the deal outlined by Bonacic, companies like FanDuel and DraftKings would pay a $ 150,000 fee to operate in New York, or 1.5 percent of the previous year's revenues, and turn over 15 percent of revenues to the state after prizes were awarded to players.

Blakeman pushed through an astronomical 24 percent pay hike for Nassau cops in 1997, mandating a $ 73,859 salary for officers with seven years experience, an award that was blasted by the Nassau County comptroller.

Another interesting question the reporter could have asked is: how much money did NYC pay in each of the last couple of years for settlements and jury awards involving police brutality and / or threats of violence against citizens by the NYPD?

The letter, which could win the Sir Humphrey Appleby award for lack of clarity, explains that the government is not paying councils the last instalment of the school standards grant before it is abolished at the end of the financial year and the money merged into school's mainstream funding.

Business News of Tuesday, 15 May 2018 Source: Myjoyonline.com Top four award winners with the Managing Director of Vivo Energy Ghana Two hard - working retailers, together with their spouses and a service champion, who demonstrated an exceptional business performance and maintained a customer - centric approach to their work, will be embarking on an all - expense paid trip to Dubai to participate in this year's Shell Global Smiling Stars Programme.

The Bank of England has unveiled plans that mean bankers found guilty of misconduct may have to pay back bonuses up to seven years after being awarded them.

«Prison and Rehabilitation Trusts and private sector prisons will be paid by results - with a premium awarded if the offender is not reconvicted within two years.»

«Last year, the combined effect of the Government's pay cap and discretionary pay in schools meant that the average pay award for classroom teachers last year was just 0.6 %.