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.