Traduction de «élément à gain variable » (Français → Anglais) :

24. Underlines that a substantial proportion of the variable remuneration component should be deferred over a sufficient period; the size of the proportion and the length of the deferral period should be established in accordance with the business cycle, the nature of the business, its risks and the activities of the staff member in question; remuneration payable under deferred arrangements should become a vested right no faster than that payable on a pro-rata basis; at least 40% of the variable remuneration component should be deferred; in the case of a variable remuneration component of a particularly high amount, at least 60% of t ...[+++]he amount should be deferred and the deferral period should be no less than 5 years;

The rapporteur underlines the fact that profits and losses are realized over different periods of time, and variable compensation payments should be deferred accordingly over a sufficient period; the size of the deferred proportion and the length of the deferral period should be established in accordance with the business cycle, the nature of the business, its risks and the activities of the member of staff in question.

The rapporteur is in favour of at least 50% of the variable remuneration being paid under the form of chair options as long as these instruments create incentives aligned with long-term value creation and the time horizons of risk, while awards in shares or share-linked instruments should be subject to an appropriate share retention policy.

15. Considers that the personal financial interest of directors linked to variable remuneration is, in many cases, in conflict with the long-term interests of the company; stresses that policy on the remuneration of directors and other staff who bear responsibility for risky decisions should be consistent with a balanced and properly functioning system of risk management, and that there should be an appropriate ratio between fixed and variable pay; calls urgently for the introduction, across the board, of measures for the reduction, or indeed the withdrawal, of the variable pay of categories of staff whose performance is responsible fo ...[+++]r a deterioration in their company's results;

3. Considers that the personal financial interest of directors linked to variable remuneration is, in many cases, in conflict with the long-term interests of the company; stresses that policy on the remuneration of directors and other staff who bear responsibility for risky decisions should be consistent with a balanced and properly functioning system of risk management, and that there should be an appropriate ratio between fixed and variable pay; calls urgently for the introduction, across the board, of measures for the reduction, or indeed withdrawal, of the variable pay of categories of staff whose performance is responsible for a d ...[+++]eterioration in their company’s results;

5. If a visa is annulled or revoked, a stamp stating ‘ANNULLED’ or ‘REVOKED’ shall be affixed to it and the optically variable feature of the visa sticker, the security feature ‘latent image effect’ as well as the term ‘visa’ shall be invalidated by being crossed out.