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Remuneration is pay or salary, typically monetary compensation for services rendered, as in a employment. File links The following pages link to this file: Alchemy Ada Adventure Apartheid Abbreviation Airplane (disambiguation) Abduction Alder Anno Domini Air ABC (disambiguation) Ad hominem Afghan AD Aether Aba Anus Affinity Ai AZ Albinism Accumulator Binary Chess Computer Carbon Cow Cricket (disambiguation) Collection Convex Culture Ceramics Case Creation Crow (disambiguation... Moneys is an agreement within a community, to use something as a medium of exchange, which acts as an intermediary market good. ...
This makes the matter of remuneration and expenses for elected States members one of the most difficult and controversial subjects that the Privileges and Procedures Committee is required to consider in accordance with its terms of reference.
Granting suitable remuneration to elected States members would enable a greater number of candidates to stand, resulting ultimately in an Assembly that in its variety and balance is truly representative of the people of Jersey.
This corresponds to the remuneration paid to ‘middle managers’ in the civil service and is believed to strike the appropriate balance in relation to the two extremes referred to in paragraph 5.1.
The remuneration policy for 2003 and future years approved by the Remuneration Committee is to ensure that remuneration is sufficiently competitive to attract, retain and motivate executive directors and GEC members of a calibre that meets the Group's needs to achieve its performance against financial objectives and relevant competitors' practice.
Remuneration includes base pay and benefits which are targeted at median competitive levels for fully acceptable performance, and bonus schemes which are designed to motivate and reward for outperformance.
The Remuneration Committee determines the maximum multiple of an executive's annual remuneration which is applied to limit the number of shares over which options in any year be granted to an executive.
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