Are salaries annualized?
A.) Equilar annualizes salaries for all executives who join mid-year. Wherever possible, Equilar attempts to take salary figures directly from the employment agreement or offer letter. When this is not available, we calculate an annualized base salary based on the executive’s start date and the fiscal year end date. If a specific date is not disclosed, we assume the start date is the middle of the month in which the executive joined.
