Examples of Hay Group in a sentence
In considering any possible adjustment to the Base Salary, the Board will consider the reports and/or methodology of the Hay Group or a similar consultant as reasonably selected by the Board, with the intent that the Base Salary will be competitive with salaries for similar executive officers at comparable companies of similar size and scope of operations to Employer, but no less than the mid-point of the range of salaries indicated by the consultant for such comparable executives.
For 2012, the Ingersoll Rand Compensation Committee engaged Hay Group, Inc.
Hay Group also provided the Corporate Governance and Nominating Committee advice on director compensation matters.
The Company also engaged the services of an independent, expert remuneration consultant, Hay Group to provide an analysis of the remuneration for Non-Executive Directors in comparison to peer ASX-listed and US companies in the life science area.
This engagement did not involve Hay Group providing a remuneration recommendation as defined in section 9B of the Corporations Act 2001.
The fees paid to the Hay Group for this activity were $36,400 for fiscal 2006.
The Committee engages the services of an independent consultant from the Hay Group to provide advice and counsel on executive compensation matters.
The Ingersoll Rand Compensation Committee evaluated whether any work provided by Hay Group raised any conflict of interest and determined that it did not.Going Forward Following the spin-off, our Board of Directors will adopt a Compensation Committee Charter that will grant our Compensation Committee similar responsibilities to that of the Ingersoll Rand Compensation Committee.
Calculated by dividing the number of hours our full-time Hay Group professional staff record to engagements during the period, by the total available working hours during the same period.
Market data is sourced from publicly available data and from benchmarking data provided by Korn Ferry Hay Group, an external service provider engaged by management that regularly conducts a syndicated study for Canada’s large financial institutions.