Established Compensation definition

Established Compensation means the Officer’s rate of pay for the calendar year immediately preceding the Officer’s Job Elimination as determined under the guidelines used by his or her respective business unit and is consistent with the rate of pay used for other company benefits (e.g., for annual enrollment, disability coverage, life insurance coverage).
Established Compensation means the Officer’s rate of pay as determined under the guidelines used by his or her respective business unit and is consistent with the rate of pay used for other company benefits (e.g., for annual enrollment, disability coverage, life insurance coverage).