Übersetzung für "Variable vergütungsbestandteile" in Englisch

Variable compensation components are concluded within the framework of contractual freedom , which is protected by the German Constitution . The draft law also covers agreements concluded before its entry into force insofar as entitlement to specific future compensation was contained in such agreements .

Multi-year variable components should not be paid out early.

Where the policy is revised, it shall describe and explain all significant changes and how it takes into account the votes and views of shareholders on the policy and reports since the most recent vote on the remuneration policy by the general meeting of shareholders.

Without prejudice to any longer period laid down by any sector-specific Union legislative act, Member States shall ensure that companies no longer make publicly available pursuant to paragraph 5 of this Article the personal data of directors included in the remuneration report in accordance with this Article after 10 years from the publication of the remuneration report.

For variable elements of remunerations, the following principles shall apply in addition to those set out in Article 88(2):

Today, it is difficult to find a medium to large enterprise that does not use some variable compensation payments.

However, only a few Member States explicitly encourage companies to withhold variable remuneration in case of underperformance.

Financial undertakings should be able to reclaim variable components of remuneration that were awarded for performance based on data which has subsequently proven to be manifestly misstated.

For variable elements of remuneration, the following principles shall apply in addition to, and under the same conditions as, those set out in Article 92(2):

This new structure reflects the most recent recommendations of the German Corporate Governance Code under which variable components should fundamentally be calculated on a multi-year basis that is essentially forward looking.

This excludes variable remuneration in Spain which was not available at the time of publication.

The reasons for this rise were collective-bargaining agreements and higher variable compensation to be paid out in 2018.

This also includes special payments, such as holiday and Christmas bonuses and payment appropriate for your task, as well as variable compensation components that also honour your individual performance.

This marked decline was mainly attributable to substantially higher cash outflows for capital expenditures and acquisitions, higher variable-compensation payments, repair and ramp-up costs at WACKER's Charleston site, and the increase in working capital due to rising business volumes.

Firstly, the benefits granted for the year under review, including the additional benefits and – in the case of variable remuneration components – the maximum and minimum remuneration achievable are shown.

Moreover, although the compensation agreements (employment agreements and agreements concerning stock appreciation rights) include maximum limits for variable compensation components, such limits are not expressed in terms of an amount, but instead as a percentage of a fixed amount.

At this time, the variable remuneration components for Executive Board members do not feature stock options or similar incentives.

About half of the Member States recommend or require companies to set limits on the variable part of remuneration.

At the Annual General Meeting of Shareholders on 9 June 2017 no such resolution for variable compensation components was passed for the 2017 financial year.

All variable compensation components for Executive Board members are therefore forward-looking and are not paid out until the end of the plan term.

Many Member States3 require or recommend that variable remuneration is linked to performance and promotes long term sustainability of the company.

In order to conserve capital, it is appropriate to impose proportionate restrictions on discretionary distributions of profits, including dividend payments and payments of variable remuneration.