Exact(5)
In one experiment, college students in Toronto were shown either pictures of desserts or pictures of nature, then offered a choice between a lottery ticket with a small, fast payout and one with a slightly larger but deferred payout.
Deferred payout plans and clawback measures would also be proposed.
The salary is the second installment in a five-year deferred payout of Mr. Cheney's 1999 compensation from Halliburton.
The deferred payout he received included 6.36 million francs in cash and UBS shares valued at 18.5 million francs when they were awarded.
Gora had turned down an increase in her base pay in June 2012, but received a deferred payout that roughly doubled her compensation in 2011-12, the Chronicle reported.
Similar(51)
Workers' pay rose by 2.4% in the second quarter, the fastest pace since mid-2000 – buthehe ONS stressed that this partly resulted from unusually high April bonus payments after some were deferred payouts to benefit from Osborne's 5p cut in the top rate of tax.
Any move that delayed employees' retirement could defer payouts from these schemes.
The insurers surveyed by Limra allow customers to defer payouts for anywhere from 13 months to 45 years, and they can start collecting as late as age 95.
"Firms should retain the flexibility to set deferral periods," it said, although it supported the idea of deferring payouts beyond the usual 3-5 years.
The figure including bonuses was higher – at 2.1% – and was the result of the City deferring payouts until April so that their staff could take advantage of the drop in the top rate of income tax to 45%.
Faced with mounting opposition, Mr. Diamond and Chris Lucas, the bank's finance director, eventually agreed to forgo half of the deferred stock payout if the British bank failed to reach a number of its financial targets.
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