Remuneration Scheme definition

Remuneration Scheme means the framework of the respective general parameters as applicable for the respective year(s) according to which the Variable Remuneration shall be awarded and paid out.
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Remuneration Scheme means the framework of the respective general parameters as applicable from time to time according to which the Variable Remuneration shall be awarded and paid out.
Sample 1Sample 2Sample 3

Examples of Remuneration Scheme in a sentence

  • The criteria and details are set out in the respective applicable Remuneration Scheme and/or the service agreement.

  • Details, in particular the pay-out schedule, are stipulated in the respective Remuneration Scheme and the Terms and Conditions of Instruments each as applicable for the respective year(s).

  • Councillors will be entitled to receive remuneration in accordance with the Remuneration Scheme set out in Part 6 of this Constitution.

  • Bonus payments under the Executive Remuneration Scheme are subject to business unit and individual performance and are at the discretion of the Board.

  • The Compensation Officer shall be consulted in case a Remuneration system which is not compliant with all principles of the Policy or materially deviating from the Remuneration Scheme is going to be implemented.

  • Details are stipulated in the respective Remuneration Scheme and the documentation of the determination of the Total Amount of Variable Remuneration.

  • Employees shall be informed about the respective Remuneration system and be provided with the Remuneration Scheme (in case of Risk Takers) as applicable for the respective performance period.

  • An earlier revision to the salary structure, the Public Ser- vice New Remuneration Scheme, was announced in January 2012 but withdrawn after objections from CUEPACS, a coali- tion of civil service unions, that senior officials benefited more than those at lower ranks.

  • Employees shall be informed about the respective Remuneration system and be provided with the respective Remuneration Scheme (in case of Risk Takers) as applicable for the respective performance period.

  • Your Total Target Reward (TTR) is a combination of Fixed Reward – TEC (60% of TTR) plus Variable Reward – Executive Remuneration Scheme (40% of TTR).

Related to Remuneration Scheme

  • Remuneration means any money or its equivalent given or passed to any person for services rendered by him and includes perquisites as defined under the Income-tax Act, 1961;

  • Remuneration Report means the remuneration report which forms part of the Directors’ Report of the Company for the financial year ended 30 June 2020 and which is set out in the 2020 Annual Report.

  • the Scheme means the Local Government Pension Scheme in

  • Nomination and Remuneration Committee means a Committee of Board of Directors of the Company, constituted in accordance with the provisions of Section 178 of the Companies Act, 2013 and the Listing Agreement.

  • Share Compensation Arrangement means any stock option, stock option plan, employee stock purchase plan or any other compensation or incentive mechanism involving the issuance or potential issuance of Shares, including a share purchase from treasury which is financially assisted by the Corporation by way of a loan, guarantee or otherwise;

  • Metropolitan Region Scheme or “Scheme” has the meaning ascribed to that expression in the Scheme Act;

  • Schemes the Principal Civil Service Pension Scheme available to Civil Servants and employees of bodies under Schedule 1 of the Superannuation Act 1972 (and eligible employees of other bodies admitted to participate under a determination under section 25 of the Public Service Pensions Act 2013), as governed by rules adopted by Parliament; the Partnership Pension Account and its (i) Ill health Benefits Scheme and (ii) Death Benefits Scheme; the Civil Service Additional Voluntary Contribution Scheme; and the Designated Stakeholder Pension Scheme and “alpha” introduced under The Public Service (Civil Servants and Others) Pensions Regulations 2014;

  • Scheme Manager Means Gloucestershire County Council as administering authority of the Gloucestershire Local Government (LGPS) Pension Fund