Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

If an employee’s salary increases or decreases during the temporary salary reduction period, will that increase or decrease the percentage of salary reduction the employee is required to take?

0
Posted

If an employee’s salary increases or decreases during the temporary salary reduction period, will that increase or decrease the percentage of salary reduction the employee is required to take?

0

No. The salary reduction is based on the employee’s salary as of September 1, 2009. Salary adjustments made retroactively to affect salary prior to September 1, 2009 will not affect an employee’s participation in the TSR Plan.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123