Florida Sustained Profit Growth Plan

State:
Multi-State
Control #:
US-CC-20-160H
Format:
Word; 
Rich Text
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Description

20-160H 20-160H . . . Sustained Profit Growth Plan under which (a) each officer of the level of Senior vice President and above receives a contingent cash award equal to a specified percentage of his or her annual base salary and (b) actual awards are determined by measuring the corporation's performance of previously selected business measures and attainment of specific objective numeric goals relating to those measures over a three year performance period. The measures may include return on average or year-end equity, return on average or year-end assets, earnings per share, growth in earnings per share, increase in the corporation's common stock price, total return to stockholders, growth in net income per employee, growth in non-interest income, control of net overhead expense, control of non-performing loans, capital adequacy, and adequacy of loan loss reserves
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FAQ

The major industries that contributed the most to Florida's gross domestic product (GDP) in 2022 were finance, professional services, government, social services (i.e. health and education), and wholesale trade.

Cape Coral: Known as the ?Waterfront Wonderland,? this charming town is not only one of Florida's most affordable places but it is also one of the safest. Located in the southwestern part of the state near Fort Meyers, Cape Coral has an intricate system of canals which allow its residents to always be near the water.

Pros Low cost of living. Small-town feel. Great schools (both elementary and college) Growing job market.

Polk County is the fastest growing county in Florida and the seventh fastest in the country, ing to a study.

The Florida Strategic Plan for Economic Development builds on a strong partnership of public, private, and civic organizations. It defines goals, objectives, and strategies to move Florida toward its economic vision.

After growing 3.9% in 2022, Florida's labor force growth will fall to 2.3% in 2023, and a slowed economy labor force growth will average 1% during 2024-26. Florida's unemployment rate fell to 4.7% in 2021 and 2.9% in 2022. The slowing economy will push the rate up to 3.1% in 2023, 4.4% in 2024, and 5% in 2025 and 2026.

MIAMI. At the top of this is Miami, which still remains the economic powerhouse of Florida. Florida. The city's housing stock has grown by far the most rapidly, with with housing completions representing nearly 5.4 percent of the existing stock.

The Miami Metropolitan Area has the highest GDP of all the metro areas in Florida with $344.9 billion in 2017. This is more than twice the number of the next metro area, the Tampa Bay Area, which has a GDP of $145.3 billion.

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Florida Sustained Profit Growth Plan