Exact(32)
It is expected that they will also be awarded deferred cash.
That deferred cash payment will be revealed only when the bank files its proxy statement in April.
Some general managers and sommeliers receive deferred cash bonuses, à la Wall Street, in order to reduce turnover.
In an effort to hold down — albeit temporarily — compensation costs, a number of financial firms have deferred cash payments to employees in recent years.
Section 1129(b) of the Bankruptcy Code requires that a class of secured creditors that does not accept the plan must receive "deferred cash payments... of a value, as of the effective date of the plan, of at least" the allowed secured claim of the creditor.
A recent Ernst & Young survey found that although asset owners reported wanting annual cash payments to make up only 38% of fund managers' compensation (with equity shares, deferred cash, stock options, and other forms of compensation accounting for the rest), in practice they make up 74%.
Similar(28)
Under pressure from regulators, who were trying to ensure that long-term performance was rewarded, the banks agreed to award more in stock, deferring cash payments.
Many companies, especially those in the S&P 500, allow Directors to defer cash retainers; many also grant deferred stock units, which Directors receive after they leave the Board.
Most of the eight remaining mega-deals have weak covenants and "payment-in-kind" arrangements that allow them to defer cash interest payments, in one case for up to one-fifth of the total.
We stratified analyses according to the type of incentive and control intervention, that is, incentive versus routine care, immediate versus deferred incentive, cash versus non-cash incentive, and incentive versus any other intervention.
Most potential recruits and serving personnel are far more drawn to immediate cash benefits than deferred non-cash benefits, studies show.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com