Mecklenburg North Carolina Long Term Incentive Compensation Plan of A.M. Castle and Co.

State:
Multi-State
County:
Mecklenburg
Control #:
US-CC-20-181
Format:
Word; 
Rich Text
Instant download

Description

20-181 20-181 . . . Long Term Incentive Compensation Plan under which Human Resources Committee designates employees who will be participants in Plan and establishes Maximum Award Percentage with respect to each participant for each three year performance cycle. Each participant is entitled to a Performance Award if annual compounded total return (based upon stock appreciation and deemed reinvestment of dividends) on corporation common stock for that performance cycle equals or exceeds 1.5% plus annual compounded total return on common stock of Standard & Poor's 500 Industrials for such period. A participant's Performance Award for a performance cycle is amount equal to product of (a) participant's base salary multiplied by (b) his Maximum Award Percentage multiplied by (c) applicable Attainment Percentage for that performance cycle The Mecklenburg North Carolina Long Term Incentive Compensation Plan refers to the specific rewards program offered by A.M. Castle and Co. to incentivize its employees located in Mecklenburg County, North Carolina. This compensation plan is designed to motivate and retain talented employees in the long run by offering attractive benefits tied to the company's performance and employee tenure. Keywords: Mecklenburg North Carolina, Long Term Incentive Compensation Plan, A.M. Castle and Co., rewards program, employee retention, employee motivation, attractive benefits, company performance, employee tenure. There might be different types of the Mecklenburg North Carolina Long Term Incentive Compensation Plan offered by A.M. Castle and Co. These variations could be tailored to meet the specific needs and goals of different employee groups or levels within the organization. However, without specific information about these different types, it is not possible to name them individually. Note: It is always important to consult the organization's official documentation or HR department for the most accurate and up-to-date information regarding their compensation plans.

The Mecklenburg North Carolina Long Term Incentive Compensation Plan refers to the specific rewards program offered by A.M. Castle and Co. to incentivize its employees located in Mecklenburg County, North Carolina. This compensation plan is designed to motivate and retain talented employees in the long run by offering attractive benefits tied to the company's performance and employee tenure. Keywords: Mecklenburg North Carolina, Long Term Incentive Compensation Plan, A.M. Castle and Co., rewards program, employee retention, employee motivation, attractive benefits, company performance, employee tenure. There might be different types of the Mecklenburg North Carolina Long Term Incentive Compensation Plan offered by A.M. Castle and Co. These variations could be tailored to meet the specific needs and goals of different employee groups or levels within the organization. However, without specific information about these different types, it is not possible to name them individually. Note: It is always important to consult the organization's official documentation or HR department for the most accurate and up-to-date information regarding their compensation plans.

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Mecklenburg North Carolina Long Term Incentive Compensation Plan of A.M. Castle and Co.