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However, general workplace experience and training is typically insufficient to constitute compensation.
Like the Cioffi-Tannin case, last week's "settlement" with mortgage brokers, whose patent fraud contributed to the housing bubble and ensuing collapse, was embarrassing -- whether one believes it was supposed to constitute compensation for damages, restitution for conduct, or deterrence against future abuse.
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In that regard, the newly constituted compensation committee is engaged in a bottom-up analysis of how it compensates not only Mr. Grasso, but his top lieutenants, Catherine R. Kinney and Robert G. Britz, both of whom were reported to have made close to $4 million last year.
But given the newly stated view of the attorney general which is contrary to the M.T.A. position we are going to seek a declaratory judgment and allow a court to determine whether or not this constitutes compensation.
But CoCos would not merely constitute a compensation fig leaf.
Most of the money would constitute a compensation package for Palestinian refugees and their host countries.
Now, plaintiffs' lawyers in Florida are already worrying aloud that BP hasn't set aside the kind of money that would constitute real compensation.
For the present purposes we replicated exactly the conditions in Experiment 1 of our previous study [28], but this time we informed subjects that rewards were random, lottery-like wins, and that these random gains would sum up to constitute their compensation for participating to the experiment.
Many of the details are still being worked out, including what constitutes risky compensation.
This latest shareholder vote is fueling a long-simmering debate over what constitutes appropriate compensation for an executive.
Gary Gates, a demographer at the Williams Institute on Sexual Orientation Law at the University of California, Los Angeles, said the data collection "reflects contemporary reality of what constitutes a compensation package".
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CEO of Professional Science Editing for Scientists @ prosciediting.com