San Jose California Long Term Compensation Plan of Pulte Corp.

• Category: Corporations - Public - Incentive Compensation Plans
• State: Multi-State
• City: San Jose
• 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

San Jose, California Long Term Compensation Plan of Pulse Corp.: Pulse Corp. is a renowned real estate development company that offers several compensation plans to its employees, including the Long Term Compensation Plan specifically designed for employees based in San Jose, California. This plan aims to provide financial rewards and incentives to employees who demonstrate exceptional performance and contribute to the company's long-term growth and success in the San Jose market. Keywords: San Jose, California, Pulse Corp., Long Term Compensation Plan, real estate development, financial rewards, incentives, exceptional performance, long-term growth, success. Types of San Jose California Long Term Compensation Plan of Pulse Corp.: 1. Performance-Based Bonuses: The San Jose Long Term Compensation Plan includes performance-based bonuses that are awarded to employees based on their individual and team performance. These bonuses are designed to recognize outstanding achievements and motivate employees to exceed performance expectations. 2. Stock Options: As part of the Long Term Compensation Plan, Pulse Corp. offers stock options to eligible employees in San Jose, California. These options provide employees with the opportunity to purchase company stocks at a predetermined price after a specific vesting period. This allows employees to share in the company's success and benefit from any increase in stock value over time. 3. Profit Sharing: Pulse Corp. believes in sharing its success with its employees in San Jose. The Long Term Compensation Plan includes profit-sharing components, where eligible employees receive a portion of the company's profits based on predetermined criteria, such as years of service or hierarchical level. This encourages employees to align their goals with the company's long-term profitability. 4. Restricted Stock Units (RSS): Pulse Corp. also offers restricted stock units as part of the San Jose Long Term Compensation Plan. RSS are granted to eligible employees and convert into company stock after a specific vesting period. This helps to retain and motivate employees, as they have a vested interest in the company's long-term performance and share value. 5. Long-Term Incentive Plans: Pulse Corp. understands the importance of attracting and retaining talented individuals in the competitive San Jose market. The Long Term Compensation Plan includes various long-term incentive plans, such as cash bonuses tied to achieving specific business goals, promotions, or successful project completions. These incentives motivate employees to go beyond their regular responsibilities and contribute to the company's long-term objectives. Keywords: Performance-based bonuses, stock options, profit-sharing, restricted stock units, long-term incentive plans, talented individuals, retention, San Jose, California, Pulse Corp.