We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Fixed Remuneration definition

Fixed Remuneration means the portion of Remuneration, which in particular is based on predetermined criteria, non-discretionary, transparent, permanent, not related to performance criteria and does not provide incentives for risk assumption, non-revocable, cannot be reduced, suspended or cancelled by the institution.
Fixed Remuneration means the portion of Remuneration which is not Variable Remuneration, i.e. the awarding or amount of which is not at the Company’s discretion and is not dependent on the occurrence of agreed conditions.
Fixed Remuneration means remuneration other than variable remuneration.

Examples of Fixed Remuneration in a sentence

  • The Fixed Remuneration shall be a substantial proportion of the total annual Remuneration.

  • As executives gain seniority within the Group, the balance of this mix shifts to a higher proportion of “at-risk” rewards.The Company’s remuneration policy and structure for its senior executives comprises three main components:• Fixed Remuneration, which is the total base salary and includes employer superannuation contributions.

  • Fixed Remuneration in accordance with the definition set out in chapter two consists of basic Fixed Remuneration and other Fixed Remuneration as classified in accordance with regulatory requirements.

  • The remuneration strategy is underpinned by a remuneration structure comprising fixed remuneration, a short-term incentive and long- term incentive as described below: Fixed Remuneration (“FR”)FR consists of base salary and statutory superannuation contributions in recognition of day-to-day accountabilities.

  • The framework provides a mix of fixed and variable pay, and a blend of short and long term incentives detailed as follows: Fixed Remuneration Fixed remuneration is reviewed annually by the Remuneration and Nomination Committee.


More Definitions of Fixed Remuneration

Fixed Remuneration means an Employee’s base salary and where applicable, any fixed pay or roll-based allowance. Fixed Remuneration is pre-determined, non-discretionary and is not dependent on an individual’s performance. Fixed Remuneration shall generally be determined annually and shall be communicated to the Employee as Fixed Remuneration or any other comparable term adopted by an Employer.
Fixed Remuneration means the contractually agreed monthly salary paid out in arrears and non-cash benefits. "Variable Remuneration" shall mean any salary component not considered fixed remuneration.
Fixed Remuneration means that portion of the remuneration which is not variable within the meaning of number 3 above;
Fixed Remuneration. : means the fixed remuneration to which each Executive Managing Directors is entitled pursuant to the Company’s remuneration policy from time to time in place;
Fixed Remuneration means the portion of Remuneration, which in particular is based on predetermined criteria, non-discretionary, transparent, permanent, not related to performance criteria and does not provide
Fixed Remuneration means the portion of remuneration which is payable to employees without any linkage to performance evaluation. “Variable Remuneration” means portion of remuneration which is payable to employees on the basis of evaluation of their performance.
Fixed Remuneration means payments and benefits to staff meeting the conditions for their award referred to Article 13 of this Decision.