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Kansas Compensation Program for Officers and Certain Key Management Personnel with attachments

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Control #:
US-CC-20-297D
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20-297D 20-297D . . . Compensation Program for Officers and Certain Key Management Personnel which is administered by Chief Executive Officer with approval of Compensation Committee. Participants receive variable compensation tied directly to achievement of key corporate-wide objectives. Participants fall within either Band A, Band B, or Band C depending on nature of their positions and their impact on corporation. Opportunities for variable compensation awards vary depending upon which "Band" participant falls into. Awards can range from 12.5% to 75% of base salaries. Plan provides that awards will not be paid unless earnings, after subtracting variable compensation, are greater than dividends paid in year for which variable compensation is to be awarded. Awards are paid in cash, stock grants and restricted stock (no transferability during first five years after grant and forfeiture of stock upon termination of employment, except for retirement, death or disability, during first years after grant)

Kansas Compensation Program for Officers and Certain Key Management Personnel (KCP-OCKMP) is a comprehensive framework established by the state of Kansas to provide competitive compensation and benefits to officers and key management personnel in various government agencies and organizations. This program aims to attract and retain high-performing professionals who play pivotal roles in securing efficient and effective operations while ensuring accountability and transparency. One type of compensation program offered under KCP-OCKMP is referred to as the Executive Officer Compensation (EOC) plan. This plan focuses on the top-level executives, including agency heads, directors, and senior management roles responsible for strategic decision-making and overall organizational performance. The EOC plan encompasses a variety of compensation components, such as salary, bonuses, deferred compensation, equity ownership, and performance-based incentives. Another type is the Key Management Personnel Compensation (DMPC) plan, which includes mid-level managers and supervisors who hold critical positions within their respective agencies. The DMPC plan aims to reward and motivate these individuals by providing competitive salary packages, performance-based incentives, retirement benefits, and professional development opportunities. Attachments associated with the Kansas Compensation Program for Officers and Certain Key Management Personnel may include detailed job descriptions and specifications for various positions covered under the program. These attachments outline the roles, responsibilities, and qualifications required for officers and key management personnel, ensuring that the compensation program aligns with the specific demands and expectations of the respective positions. Additionally, attachments could include guidelines for performance evaluations and metrics used to assess the performance of officers and key management personnel. These documents help measure and benchmark performance, which ultimately affects compensation adjustments and incentive structures. Moreover, the program may offer attachments related to benefits and retirement plans available to officers and certain key management personnel. These documents provide comprehensive details regarding health insurance coverage, retirement contributions, vacation and sick leave accruals, as well as other perks and allowances that contribute to the overall compensation package. Overall, the Kansas Compensation Program for Officers and Certain Key Management Personnel aims to attract, motivate, and retain highly qualified professionals who play vital roles in driving organizational success. By offering competitive compensation and benefits packages, this program ensures that officers and key management personnel remain dedicated, efficient, and accountable for their respective responsibilities within government agencies and organizations in the state of Kansas.

Kansas Compensation Program for Officers and Certain Key Management Personnel (KCP-OCKMP) is a comprehensive framework established by the state of Kansas to provide competitive compensation and benefits to officers and key management personnel in various government agencies and organizations. This program aims to attract and retain high-performing professionals who play pivotal roles in securing efficient and effective operations while ensuring accountability and transparency. One type of compensation program offered under KCP-OCKMP is referred to as the Executive Officer Compensation (EOC) plan. This plan focuses on the top-level executives, including agency heads, directors, and senior management roles responsible for strategic decision-making and overall organizational performance. The EOC plan encompasses a variety of compensation components, such as salary, bonuses, deferred compensation, equity ownership, and performance-based incentives. Another type is the Key Management Personnel Compensation (DMPC) plan, which includes mid-level managers and supervisors who hold critical positions within their respective agencies. The DMPC plan aims to reward and motivate these individuals by providing competitive salary packages, performance-based incentives, retirement benefits, and professional development opportunities. Attachments associated with the Kansas Compensation Program for Officers and Certain Key Management Personnel may include detailed job descriptions and specifications for various positions covered under the program. These attachments outline the roles, responsibilities, and qualifications required for officers and key management personnel, ensuring that the compensation program aligns with the specific demands and expectations of the respective positions. Additionally, attachments could include guidelines for performance evaluations and metrics used to assess the performance of officers and key management personnel. These documents help measure and benchmark performance, which ultimately affects compensation adjustments and incentive structures. Moreover, the program may offer attachments related to benefits and retirement plans available to officers and certain key management personnel. These documents provide comprehensive details regarding health insurance coverage, retirement contributions, vacation and sick leave accruals, as well as other perks and allowances that contribute to the overall compensation package. Overall, the Kansas Compensation Program for Officers and Certain Key Management Personnel aims to attract, motivate, and retain highly qualified professionals who play vital roles in driving organizational success. By offering competitive compensation and benefits packages, this program ensures that officers and key management personnel remain dedicated, efficient, and accountable for their respective responsibilities within government agencies and organizations in the state of Kansas.

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FAQ

As of , the average annual pay for a Government Employee in Kansas is $51,970 a year.

The Governor may designate additional days. Funeral Leave: Eligible employees are provided up to 6 days of leave with pay upon the death of a close relative. Shared Leave: Donated leave for eligible employees to be used for serious, extreme or life threatening conditions of their own or a family member.

Average State of Kansas hourly pay ranges from approximately $12.58 per hour for Nurse's Aide to $30.47 per hour for Project Manager. The average State of Kansas salary ranges from approximately $28,309 per year for Senior Administrative Assistant to $79,497 per year for Executive Director.

Retirement Benefits The State of Kansas, the Kansas Board of Regents and Kansas State University have basic retirement plans for benefits-eligible employees. Participation in the appropriate plan is mandatory when the requirements for membership are met.

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Download the file. When the Compensation Program for Officers and Certain Key Management Personnel with attachments is downloaded you are able to complete, ... Class Specifications are formal documents used to describe the type and level of work being done within the State Classification system. Each class within the ...Leave Plans: The State of Kansas offers a generous leave package for benefits eligible employees. Below is a summary of some of the types of leave offered. Edit Compensation Program for Officers and Certain Key Management Personnel with attachments. Easily add and highlight text, insert images, checkmarks, and ... 6 days ago — Post award amendment types include: Budget Revision; Carryover; Change in Scope; Change in Key Personnel; Merger, Successor-in-Interest, ... Apr 19, 2022 — Guide the County in creating and confirming a pay philosophy. • Obtain and establish compensation from the external market. Feb 11, 2020 — Ensure its assets and earnings don't unjustly enrich board members, officers, key management employees, or other insiders;. Not further non ... Jan 31, 2020 — You must complete and submit. Form 1023, including Schedule E (or, if eligible, Form 1023-EZ), and pay the appropriate user fee. If your ... The Kansas State University University Support Staff (USS) pay plan includes 27 pay grades plus longevity pay. Each pay grade has a minimum rate and a maximum ... Nov 9, 2016 — The key internal management controls are as follows: a. Property ... a GS–12 filling a GS–13 position on the personnel authorization document ...

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Kansas Compensation Program for Officers and Certain Key Management Personnel with attachments