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Compa-ratio Created Sep 18, 2024 (06:09) by Bruno lorenzo Spinelli | In glossary [EN]-Glossary | In space Home

English

Definition

Compa-ratio (CR) is the comparison, expressed in percentage, of Annual Base Salary (ABS) and Short-Term Incentive (STI) Target Amount (both together Total Cash Target)) to the Salary Range Midpoint.

Words Linked: Annual Base Salary (ABS); Short-Term Incentive (STI); Total Cash Target (TCT)

Synonym(s)

Abbreviation(s)

    CR

Short Term Incentive Created Sep 18, 2024 (06:09) by Bruno lorenzo Spinelli | In glossary [EN]-Glossary | In space Home

English

Definition

An annual incentive plan for all employees graded S15 and above, that rewards results delivered by the individual, his/her entity and by the Group as a whole. The target amount is calculated as a percentage of ABS considering the country/region and S-grade of the employee.

Synonym(s)

    variable compensation

Abbreviation(s)

    STI