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)
South Dakota Compensation Program for Officers and Certain Key Management Personnel with attachments
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FAQ
Temporary Total Disability (TTD) benefits are for injured workers who are unable to return to work after seven consecutive days. Under South Dakota law, a worker may receive 66 2/3 percent of their average weekly wage.
There is no law in South Dakota requiring any employer to carry workers' compensation insurance. However, it is highly recommended. An uninsured employer may be sued in civil court by an injured worker.
As of , the average hourly pay for the Dot jobs category in South Dakota is $21.34 an hour.
Workers' Compensation Coverage Verification Service For information on self-insured employers, please call 605.773. 3681.
What Does South Dakota Workers' Comp Cover? Workers' comp insurance pays for the medical expenses associated with claims or injured workers. The cost of an ER visit, required surgeries and drug prescriptions are some of the covered expenses included under a policy.
The Division of Workers' Compensation (DWC) is announcing the increase of the mileage rate for medical and medical-legal travel expenses by 3 cents to 65.5 cents per mile effective January 1, 2023. This rate must be paid for travel on or after January 1, 2023, regardless of the date of injury.
Mileage Rate effective Sept. 12, 2022 (only for travel to and from treatment): $0.51/mile.
If no state-owned motor vehicles are equipped or modified for the transportation of an individual with special needs and the individual desires to drive a personal motor vehicle on state business, the individual shall be paid 68 cents a mile for a passenger or cargo van, pick up, or sports utility vehicle and 51 cents ...