20-297D 20-297D . . . Compensation Program for Officers and Certain Key Management Personnel which is administered by Chief Executive Officer with approval of Compensation Committee. Participants receive variable compensation tied directly to achievement of key corporate-wide objectives. Participants fall within either Band A, Band B, or Band C depending on nature of their positions and their impact on corporation. Opportunities for variable compensation awards vary depending upon which "Band" participant falls into. Awards can range from 12.5% to 75% of base salaries. Plan provides that awards will not be paid unless earnings, after subtracting variable compensation, are greater than dividends paid in year for which variable compensation is to be awarded. Awards are paid in cash, stock grants and restricted stock (no transferability during first five years after grant and forfeiture of stock upon termination of employment, except for retirement, death or disability, during first years after grant)
Rhode Island Compensation Program for Officers and Certain Key Management Personnel with attachments
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FAQ
Rest breaks are defined by Federal Regulation 29 CFR §785.18 as rest periods are of short duration, running from 5 minutes to about 20 minutes. Although, employers in New York are not required to offer rest breaks, those that do offer rest breaks, must count the time as ?time worked?.
Rhode Island Law Requires Meal Breaks Some states require either meal or rest breaks. Rhode Island is one of them: In Rhode Island, employers must give employees a 20-minute meal break for a six-hour shift, and a 30-minute meal break for an eight-hour shift.
If an employee works 8 or more consecutive hours, the employer must provide a 30-minute break and an additional 15 minute break for every additional 4 consecutive hours worked.
MINIMUM SHIFT HOURS - Employees requested or permitted to report for duty at the beginning of a work shift must be provided with 3 hours work or 3 hours wages. Retail establishment employees must be provided with 4 hours work on Sundays and Holidays.
Does my employer have to give me two 15-minute breaks per day? MGL c. 149, § 100 requires a 30 minute lunch period during shifts longer than six hours, but does not require breaks. From Boston.com: "Massachusetts does not require employers to offer rest breaks other than the 30-minute lunch break?