WebDefine Discretionary Performance Award. means the variable remuneration and benefits which may be granted to an Employee in respect of an Assessment Period, part of which is granted in the form of a Deferred Award, the value of which depends on the objectives achieved and the performance of the Employee and/or RBS Poland during such period. … Web“Discretionary Award” means an award where the Federal agency selects Recipients based on merit and eligibility. Whether an award is discretionary or mandatory is not …

Long-Term Incentive and Equity-Based Compensation ... - SHRM

Web"Award" means, as to any Fiscal Year or any other period determined by the Committee or the management of the Company, a discretionary incentive and/or retention award granted to an Eligible Employee in the form of a Cash Bonus, a CAP Award, a CAP-CSE Award, a DCAP Award, an Equity Award, or any other form of discretionary incentive … A discretionary bonusis one given at the sole discretion of the employer. The key is that the employer hasn't set the expectation of a bonus if employees meet certain goals. Additionally, the amount and timing of the bonus aren't known in advance. The purpose of these bonuses is usually to recognize exceptional … See more A nondiscretionary bonus is a pay increase offered by an employer if employees meet certain requirements. These are usually standing offers that help incentivize better … See more There are a wide variety of bonus options that employers offer to encourage better performance in the workplace. To make it easier to understand which commonly awarded bonuses … See more The Fair Labor Standards Act (FLSA) establishes employee overtime pay eligibility. Under the FLSA, certain types of bonus payments to nonexempt employees can retroactively … See more While discretionary and nondiscretionary bonuses are similar, they have several significant differences. Here are some of the primary distinctions between discretionary and nondiscretionary bonuses: 1. … See more city cat shelter brighton

Discretionary Post-Award Requirements The Administration …

WebMay 24, 2024 · What is discretionary income? Discretionary income is the amount of money remaining after you pay essential bills such as your mortgage or rent, groceries, utilities and other necessary... Webnoun dis· cre· tion di-ˈskre-shən Synonyms of discretion 1 a : individual choice or judgment left the decision to his discretion b : power of free decision or latitude of choice within … Webdiscretionary adjective formal uk / dɪˈskreʃ. ə n. ə r.i / us / dɪˈskreʃ. ə n.er.i / able to be decided by a particular person or group, rather than being controlled by rules, or relating … city cat seattle