18-266C 18-266C . . . Officer Long Term Incentive Compensation Plan under which compensation committee can grant (i) stock appreciation equivalents (hypothetical stock "units" which are granted to participant and upon which value of any incentive award is calculated), (ii) dividend equivalents (which represent value of dividends per share paid by corporation, calculated upon stock or stock units held by participant and which, if objectives set by committee are met, are paid to participant), (iii) Non-qualified Stock Options, (iv) incentive stock options, (v) restricted stock, (vi) stock appreciation rights, and (vii) performance awards
Utah Officer Long Term Incentive Compensation Plan for Southern California Edison Co.
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How to fill out Officer Long Term Incentive Compensation Plan For Southern California Edison Co.?
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Incentive compensation is a form of variable compensation in which a salesperson's (or other employee's) earnings are directly tied to the amount of product they sell, the success of their team, or the organization's success.
Average Southern California Edison Manager yearly pay in the United States is approximately $117,344, which is 64% above the national average.
A good example of a monetary incentive is a sales-based incentive. Sales-based incentive compensation is ideal for employees who are responsible for talking to customers and closing sales. Employers often structure these incentive plans as a percentage, like 5% of all the deals each sales rep closes.
Compensation by Company Name And TitleTotal CashTotal CompensationMaria Rigatti EIX EVP and CFOTotal Cash $1,493,685Total Compensation $3,423,066Steven D. Powell SCE President and CEOTotal Cash $1,241,175Total Compensation $2,791,218Caroline Choi EIX and SCE SVPTotal Cash $831,458Total Compensation $1,601,9992 more rows
The median estimated compensation for executives at Southern California Edison including base salary and bonus is $203,470, or $97 per hour. At Southern California Edison, the most compensated executive makes $652,000, annually, and the lowest compensated makes $65,000.
Is Southern California Edison a good company to work for? Southern California Edison has an overall rating of 4.0 out of 5, based on over 1,834 reviews left anonymously by employees. 83% of employees would recommend working at Southern California Edison to a friend and 73% have a positive outlook for the business.
For example, a manager agrees to give everyone working on a certain marketing account a $500 bonus if they can complete all deliverables and get client approval by the end of the week.
How much does a Vice President make at Southern California Edison in the United States? The estimated average pay for Vice President at this company in the United States is $136,420 per year, which is 8% below the national average.
Long-term incentives are usually provided to induce an executive to achieve results over a period of longer than one year. Often, they are paid in stock. Sometimes executives receive a balance of short- and long-term variable compensation.
The estimated total pay for a Director at Southern California Edison is $253,348 per year.