Sentence examples for it is performance based from inspiring English sources
Finally, section 162(a) of the internal revenue code denies deductibility of any compensation in excess of $1 million unless it is performance based.
Following this logic, Congress adopted legislation in 1992 making executive pay above $1 million deductible only if it is "performance based". Today some 62% of executive pay is in the form of equity, compared with 19% in 1980.
"The new construction also does not negate the road map because our understanding, and also that of the US I think, was that it was performance based.
It enables countries to design and execute their own programs, based on local needs, but is performance based, so it provides funds only on the basis of proven results.
Provisional data show that coaching has successfully moved the company from a bureaucratic culture to one that is "performance based," Mr. Rennie said.
Another promising model that utilities have yet to fully capitalize on is Performance Based Ratemaking (PBR).
Promotion to this scale is performance based but eventually allows teachers to earn more than £31 000.
In fact, now most public companies face a limit on pay deductions of $1 million per employee unless the pay is performance based.
* Performance-Based — Standards are performance based (specifying essential characteristics rather than detailed designs) where possible.
The required approach should therefore be performance based design.
