Examples of using Components of remuneration in English and their translations into Slovak
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Financial
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Colloquial
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Official
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Medicine
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Ecclesiastic
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Official/political
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Computer
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Programming
Limits should be set on the variable components of remuneration.
Award of variable components of remuneration should be subject to predetermined and measurable performance criteria.
Information on the performance criteria on which the entitlement to shares,options or variable components of remuneration is based;
Initial basic salary, any other components of remuneration, frequency of payment.
(h) information on the performance criteria on which the entitlement to shares,options or variable components of remuneration is based;
Companies should be able to reclaim variable components of remuneration that were paid on the basis of data, which proved to be manifestly misstated.
For this purpose,financial institutions should strike an appropriate balance between fixed and variable components of remuneration.
The EESC also warns of therisk that divulging criteria governing variable components of remuneration for executives could endanger"business confidentiality".
The performance evaluation is part of a multi-year framework adapted to the recommended period of detention to investors of the OPC managed or advised by the management company, in order to ensure that it deals with the long-term performance of the OPC and On its investment risks andthat the actual payment of performance-dependent components of remuneration is in the same period;
As a last resort,companies should reclaim variable components of remuneration that were paid on the basis of data which later proved to be manifestly misstated.
The non-variable component of remuneration should be sufficient to allow the company to withhold variable components of remuneration when performance criteria are not met.
Further, financial institutions should claim back variable components of remuneration that were paid on the basis of data which are subsequently proven to have been manifestly misstated.
The assessment of performance should be set in a multi-year framework, for example of three to five years, in order to ensure that the assessment process is based on longer term performance andthat the actual payment of performance-based components of remuneration is spread over the business cycle of the company.
The assessment of the performance-based components of remuneration should be based on longer-term performance and take into account the outstanding risks associated with the performance.
Contractual arrangements with executive or managing directors should includeprovisions that permit the company to reclaim variable components of remuneration that were awarded on the basis of data which subsequently proved to be manifestly misstated.
Financial undertakings should be able to reclaim variable components of remuneration that were awarded for performance based on data which has subsequently proven to be manifestly misstated.
The performance evaluation shall be carried out in a multiannual framework to ensure that the evaluation process is based on a long-term performance andthat the actual payment of performance-based components of remuneration extends over a period that takes into account the business cycle of the bank and its business risks;
For this purpose, the assessment of the performance-based components of remuneration should be based on longer-term performance and take into account the current and future risks associated with that performance.
The assessment of the performance is set in a multi-year framework in order to ensure that the assessment process is based on long-term performance andthat the actual payment of performance-based components of remuneration is spread over a period which takes accountof the underlying business cycle of the CIF and its business risks;
While the practice of reimbursing bonuses, as variable and performance-based components of remuneration, may be unusual, the objectives pursued by KICs as business-driven organisations, such as aiming for financial sustainability, are also unusual and cannot be found in other programmes.
A firm must ensure that the assessment of performance is set in a multi-year framework, to ensure that the assessment process is based on longer-term performance andthat the actual payment of performance-based components of remuneration is spread over a period which takes accountof the underlying business cycle of the firm and its business risks.
Further, companies should be able to reclaim variable components of remuneration that were paid on the basis of data, which proved to be manifestly misstated.
Members States may allow shareholders or owners or members of the institution to approvea higher maximum level of the ratio between the fixed and variable components of remuneration provided the overall level of the variable component shall not exceed 200% of the fixed component of the total remuneration for each individual.
Shareholders of the CIF may approve a higher maximum level of the ratio between the fixed and variable components of remuneration provided the overall level of the variable component shall not exceed 200% of the fixed component of the total remuneration for each individual.
Member States may set a lower maximum percentage or allow shareholders or owners ormembers of the institution to approve a higher maximum level of the ratio between the fixed and variable components of remuneration provided the overall level of the variable component shall not exceed 200% of the fixed component of the total remuneration for each individual.
(ii) subject to paragraph(2), shareholders or owners or members of the institution may approvea higher maximum level of the ratio between the fixed and variable components of remuneration provided the overall level of the variable component shall not exceed 200 per cent of the fixed component of the total remuneration for each individual;
In particular, the new Capital Requirements Directive and Regulation(CRD IV package)6 have, in order to tackle excessive risk taking, further strengthened the framework withregard to the requirements for the relationship between the variable(or bonus) component of remuneration and the fixed component(or salary).