Compensation Group definition

Compensation Group means a group of Compensation Rules, such groups being designated as Groups A to L inclusive, and the Compensation Group to which each Compensation Rule belongs being specified in the relevant Compensation Provisions;
Compensation Group means the Company’s internal organization responsible for the administration of the payment of benefits under this Plan.

Examples of Compensation Group in a sentence

  • Request a review of the job description with the immediate Manager and a representative from the Compensation Group to determine overall appropriateness.


More Definitions of Compensation Group

Related to Compensation Group

  • Compensation Year means a period of 12 months expiring 31 March in any year;

  • Nonqualified deferred compensation plan means a compensation plan described in Section 3121(v)(2)(C) of the Internal Revenue Code.

  • Covered Compensation means any Incentive-Based Compensation granted, vested or paid to a person who served as an Executive Officer at any time during the performance period for the Incentive-Based Compensation and that was Received (i) on or after October 2, 2023 (the effective date of the Nasdaq listing standards), (ii) after the person became an Executive Officer, and (iii) at a time that the Company had a class of securities listed on a national securities exchange or a national securities association such as Nasdaq.