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What are the company's executive compensation plans?
Actual combat case A company's senior management post salary scheme

Company A is a private enterprise engaged in the production and processing of famous clothing. The company's salary scheme for senior management positions is universal and can be used for reference.

The term of office of the company's senior executives is three years, renewable, and the annual salary system.

The composition of annual salary includes: basic annual salary, performance annual salary, incentive annual salary, president's special reward and long-term welfare plan.

1. Basic annual salary

(1) 60% ~ 70% of the total actual annual salary (basic annual salary+performance annual salary) in the above years shall be regarded as the basic annual salary of this year and paid monthly.

(2) The initial approval of basic annual salary is based on job evaluation, labor market price and the company's human resources policy.

(3) The basic annual salary of newly hired or newly promoted senior managers shall be approved according to the current standards of the company.

2. Performance annual salary

(1) After the end of the natural year, it will be approved according to the assessment results, and will be distributed in one lump sum before the Spring Festival of the following year.

(two) less than one year, according to the actual time of appointment.

3. Reward annual salary

After the end of the natural year, it will be verified according to the company's performance and assessment results. The standards are as follows.

(1) The first-level managers (chairman and general manager) of the company account for 50% ~ 70% of the total annual salary.

(2) The second-level manager (deputy general manager level) of the company accounts for 40% ~ 50% of the total annual salary.

(3) The third-level manager (department director or person in charge) of the company accounts for 30% ~ 40% of the total annual salary.

The annual salary will be extended for half a year. In any of the following circumstances, wages shall be suspended, delayed or reduced.

(1) Party B has seriously violated the relevant regulations of the company.

(2) Resignation or dismissal by the company.

(3) adversely affect the company's operating performance.

(4) Other circumstances that adversely affect the company and the board of directors, chairman or general manager consider it necessary to stop, postpone or reduce the issuance.

4. Presidential Special Award

The president's special award is a bonus set up to encourage the special contribution of executives below the general manager of the company. It is the annual bonus determined by the chairman and general manager after research according to the company's annual operation and the achievements and contributions of senior executives. The general manager's special award is issued in one lump sum before the Spring Festival every year.

5. Long-term welfare plan

In addition to the benefits and insurance stipulated by relevant national laws and regulations, senior executives can also enjoy special benefits. However, in the event of economic decline or other major events, the payment of all or part of the special benefits may be suspended with the approval of the board of directors.

(1) Lifelong health insurance.

Approved on an annual basis, every time he serves until1February, he will be bought a lifetime health insurance for one year. The enjoyment condition is that the term of office is over one year, and the annual assessment results are above grade C.

The insurance amount of the first-level management personnel (chairman and general manager) of the company is 3 million yuan.

The company's second-level manager (deputy general manager level) is 2 million yuan.

The insurance amount of the company's third-level management personnel (department director or person in charge) is 6,543,800 yuan.

(2) further study at home and abroad.

Executives who have served for one year and whose annual assessment results are Grade C or above can enjoy a period of study plans at home and abroad. I can find and apply for a training program within the standards I can enjoy, and it can be implemented after the approval of the chairman.

The study time of the first-level management personnel (chairman and general manager) at home and abroad is 3 months/year.

The company's second-level manager (deputy general manager level) has studied at home and abroad for 2 months/year.

The study time of third-level managers (directors or department heads) at home and abroad is 1 month/year.

The training time can be used once or cumulatively in a certain year.

(3) One-time retirement bonus.

A one-time retirement pension bonus will be given to senior executives who have served for one full term and whose performance evaluation during their tenure is Grade C or above and have not committed any violation of discipline before retirement.

The standard of the first-level manager (chairman and general manager) of the company = annual salary in the last year after retirement ×( 1+ years of service of senior management ÷ 10)× 1.

The standard of the second-level manager (deputy general manager level) of the company = annual salary in the last year after retirement ×( 1+ years of service of senior management ÷ 10)×0.8.

The standard of the third-level manager (director or department head) of the company = annual salary in the last year after retirement ×( 1+ years of service of senior executives ÷ 10)×0.6.

During the senior management's tenure, if he is transferred due to the normal work of the company, and he has served for less than one term, and the assessment results are good, the retirement bonus will be paid according to the actual service years.

(4) Welfare housing.

Executives who have served for more than one term (inclusive) enjoy the company's welfare housing allocation policy.

For the executives who have served for one session, the company provides 40% of the house payment as the down payment.

For executives who have served for two terms, the company will provide the remaining 60% of the house payment.

The money is not paid directly to individuals, but paid directly to real estate developers by the company.

The purchase criteria are as follows.

The purchase standard for the first manager (chairman and general manager) of the company is120m2 or less.

The purchase standard for the second-level manager (deputy general manager level) of the company is 100 square meter and below.

The purchase standard of the company's third-level management personnel (department director or person in charge) is 90 square meters or less.

The price of welfare housing shall not exceed the average price of local commercial housing at the time of purchase.

If the purchased house is lower than the purchase standard, the remaining money will not be distributed to individuals. If it exceeds the purchase standard, the over-standard part of the house payment can be paid by itself. The property right of welfare housing belongs to the individual who buys the house, and the relevant responsible buyers are all responsible.

The housing welfare plan takes effect from the date of employment and is implemented after one term of service.

During the term of office, if the senior management is transferred due to the normal work of the company, resulting in less than one term of office and good assessment results, it can be converted according to the actual service years.

Welfare housing distribution benefits, the same executive only enjoys once.

6. Other contents

(1) Matters not covered in this scheme will be stipulated separately or refer to the corresponding clauses in other regulations.

(2) This plan was approved by the board of directors, promulgated and implemented after it was adopted by the shareholders' meeting, and the amendments are the same.