Wisconsin Long Term Compensation Plan of Pulte Corp.

• Category: Corporations - Public - Incentive Compensation Plans
• State: Multi-State
• Control #: US-CC-20-114
• Format: Word; Rich Text

Description

20-114 20-114 . . . Long Term Compensation Plan under which the Compensation Committee determines which key employees are eligible to participate and sets target cash compensation for each participant. which is based upon pre-established objective performance goals that use one or more business criteria including: average return on equity, average return on invested capital, pre-tax income and target business mix. A different formula is used for each group of employees such as key home office employees and key field employees The Wisconsin Long Term Compensation Plan offered by Pulse Corp. is an incentive program designed to reward employees in the state of Wisconsin for their long-term commitment and performance within the company. This plan is specifically tailored for Pulse Corp. employees in Wisconsin and aims to attract and retain top talent by providing attractive compensation packages. One type of Wisconsin Long Term Compensation Plan offered by Pulse Corp. is the Performance-Based Stock Option program. Under this plan, eligible employees are granted stock options that allow them to purchase company stock at a specified price, known as the strike price. These options become exercisable over time, usually requiring the employee to stay with the company for a certain period before the options can be exercised. The strike price is typically set at the fair market value of the stock on the date of grant, providing employees with the opportunity to benefit from any increase in the company's stock value. Another type of Wisconsin Long Term Compensation Plan available to Pulse Corp. employees is the Restricted Stock Unit (RSU) program. RSS are awards of a specific number of company shares, granted to employees on a predetermined vesting schedule. Once the RSS vest, employees receive the shares outright, allowing them to benefit from any appreciation in the company's stock price. The vesting schedule ensures that employees remain with the company for a specified period before fully owning the shares. Additionally, Pulse Corp. provides a Cash Bonus program as part of its Wisconsin Long Term Compensation Plan. This program rewards employees based on predefined performance goals, such as financial targets, customer satisfaction, or operational excellence. Eligible employees can receive cash bonuses that are tied to the achievement of these objectives, motivating them to contribute to the company's success. Overall, the Wisconsin Long Term Compensation Plan of Pulse Corp. demonstrates the company's commitment to recognizing and rewarding employees who contribute to its growth and success. By offering a variety of compensation options, including performance-based stock options, restricted stock units, and cash bonuses, Pulse Corp. aims to attract, retain, and motivate top talent within the state of Wisconsin.

The Wisconsin Long Term Compensation Plan offered by Pulse Corp. is an incentive program designed to reward employees in the state of Wisconsin for their long-term commitment and performance within the company. This plan is specifically tailored for Pulse Corp. employees in Wisconsin and aims to attract and retain top talent by providing attractive compensation packages. One type of Wisconsin Long Term Compensation Plan offered by Pulse Corp. is the Performance-Based Stock Option program. Under this plan, eligible employees are granted stock options that allow them to purchase company stock at a specified price, known as the strike price. These options become exercisable over time, usually requiring the employee to stay with the company for a certain period before the options can be exercised. The strike price is typically set at the fair market value of the stock on the date of grant, providing employees with the opportunity to benefit from any increase in the company's stock value. Another type of Wisconsin Long Term Compensation Plan available to Pulse Corp. employees is the Restricted Stock Unit (RSU) program. RSS are awards of a specific number of company shares, granted to employees on a predetermined vesting schedule. Once the RSS vest, employees receive the shares outright, allowing them to benefit from any appreciation in the company's stock price. The vesting schedule ensures that employees remain with the company for a specified period before fully owning the shares. Additionally, Pulse Corp. provides a Cash Bonus program as part of its Wisconsin Long Term Compensation Plan. This program rewards employees based on predefined performance goals, such as financial targets, customer satisfaction, or operational excellence. Eligible employees can receive cash bonuses that are tied to the achievement of these objectives, motivating them to contribute to the company's success. Overall, the Wisconsin Long Term Compensation Plan of Pulse Corp. demonstrates the company's commitment to recognizing and rewarding employees who contribute to its growth and success. By offering a variety of compensation options, including performance-based stock options, restricted stock units, and cash bonuses, Pulse Corp. aims to attract, retain, and motivate top talent within the state of Wisconsin.