Wake North Carolina Long Term Compensation Plan of Pulte Corp.

• Category: Corporations - Public - Incentive Compensation Plans
• State: Multi-State
• County: Wake
• 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 Wake North Carolina Long Term Compensation Plan offered by Pulse Corp. is a comprehensive program designed to provide employees based in Wake County with long-term financial rewards and benefits. This compensation plan is aimed at retaining and motivating talented individuals while aligning their interests with the overall goals and success of the company. The Wake North Carolina Long Term Compensation Plan consists of several components and options, allowing employees to choose the most suitable arrangement based on their individual preferences and financial goals. Some common types of Wake North Carolina Long Term Compensation Plans offered by Pulse Corp. include: 1. Stock Option Grants: Employees may be granted stock options, which give them the right to purchase company shares at a predetermined price within a specified period. This allows employees to participate in the company's growth and benefit from increases in stock value over time. 2. Restricted Stock Units (RSS): Under this plan, employees receive a specified number of shares that are granted with certain restrictions. These shares usually vest over a predetermined period, providing employees with ownership and potential financial gains once the restrictions are lifted. 3. Performance Share Units (Plus): This plan ties compensation to the achievement of specific performance goals and metrics. Employees are granted a specific number of pluses, which convert into company shares upon meeting the predetermined targets. This incentivizes employees to contribute towards the company's success and rewards them accordingly. 4. Cash Bonuses: In addition to equity-based compensation, Pulse Corp. may offer cash bonuses as part of the Wake North Carolina Long Term Compensation Plan. These bonuses are typically tied to individual, team, or company-wide performance, encouraging employees to excel in their roles and contribute to the company's overall growth. 5. Deferred Compensation: Pulse Corp. may provide employees with the option to defer a portion of their earnings to a later date, such as retirement. This allows employees to defer taxes on their income while saving for the future. It's worth noting that the exact details and options within the Wake North Carolina Long Term Compensation Plan may vary depending on an employee's position, tenure, and performance. Pulse Corp. aims to create a comprehensive and flexible compensation program that rewards employees for their dedication and contributions, ultimately fostering a motivated and engaged workforce.

The Wake North Carolina Long Term Compensation Plan offered by Pulse Corp. is a comprehensive program designed to provide employees based in Wake County with long-term financial rewards and benefits. This compensation plan is aimed at retaining and motivating talented individuals while aligning their interests with the overall goals and success of the company. The Wake North Carolina Long Term Compensation Plan consists of several components and options, allowing employees to choose the most suitable arrangement based on their individual preferences and financial goals. Some common types of Wake North Carolina Long Term Compensation Plans offered by Pulse Corp. include: 1. Stock Option Grants: Employees may be granted stock options, which give them the right to purchase company shares at a predetermined price within a specified period. This allows employees to participate in the company's growth and benefit from increases in stock value over time. 2. Restricted Stock Units (RSS): Under this plan, employees receive a specified number of shares that are granted with certain restrictions. These shares usually vest over a predetermined period, providing employees with ownership and potential financial gains once the restrictions are lifted. 3. Performance Share Units (Plus): This plan ties compensation to the achievement of specific performance goals and metrics. Employees are granted a specific number of pluses, which convert into company shares upon meeting the predetermined targets. This incentivizes employees to contribute towards the company's success and rewards them accordingly. 4. Cash Bonuses: In addition to equity-based compensation, Pulse Corp. may offer cash bonuses as part of the Wake North Carolina Long Term Compensation Plan. These bonuses are typically tied to individual, team, or company-wide performance, encouraging employees to excel in their roles and contribute to the company's overall growth. 5. Deferred Compensation: Pulse Corp. may provide employees with the option to defer a portion of their earnings to a later date, such as retirement. This allows employees to defer taxes on their income while saving for the future. It's worth noting that the exact details and options within the Wake North Carolina Long Term Compensation Plan may vary depending on an employee's position, tenure, and performance. Pulse Corp. aims to create a comprehensive and flexible compensation program that rewards employees for their dedication and contributions, ultimately fostering a motivated and engaged workforce.