Acme provides competitive compensation designed to recognize your service and reward your contributions to our business. Depending on your function and level within the organization, your compensation may include base salary, overtime, annual bonus, sales commissions, and other rewards.
Your total rewards
Your pay is just one part of the overall rewards you receive as an employee of Acme. View a personalized summary of your total rewards.
Acme is committed to providing you with a competitive salary. That means we regularly evaluate our compensation program and compare it with the latest trends and practices in our industry using market data.
Individual salaries differ to account for the work being performed and the requirements of the job, as well as your skills, knowledge, experience, performance level, and other relevant factors. Over time, you have opportunities to influence your salary, such as earning increases based on your performance or moving to a higher pay level through promotion.
Payroll and taxes
View your paycheck, update your tax filing information, manage your direct deposit, and more at Ceridian.
Your individual performance has an important impact on our overall business performance. That’s why our pay-for-performance philosophy and programs are designed to allow you to share in the success you helped to achieve.
The Bonus Program provides an opportunity to receive a percentage of your salary as incentive compensation. The amount of your bonus will depend on your performance relative to your peers, your salary level, the target bonus for your position, and the size of the bonus pool available based on company performance.
Bonus Program details
Who is eligible?
Full-time, salaried employees are eligible for the Bonus Program. In order to receive an award, the bonus pool must be funded (based on company performance) and you must be employed at Acme on the date the award is paid.
How is my bonus calculated?
There are three key factors that determine your bonus payout:
- The bonus target for your position
- Company performance
- Your individual performance
Your bonus target is expressed as a percentage of your base pay and is generally based on your job level and title. For example, if your base pay is $65,000 and your bonus target is 10%, then your bonus target opportunity would be $6,500. A number of factors determine whether you actually receive $6,500 or if you receive more or less than that amount, including company performance and your individual performance relative to that of your peers.
What is the process for determining and paying bonuses?
Bonus awards will be communicated to employees following the close of the calendar year, after the completion of performance reviews and authorization of bonus pool funding. Payment will be made through the employee’s payroll on or before March 1 of the following calendar year.
An integral part of your compensation package comes from the Long-Term Incentive Program, which is designed to balance short-term and long-term strategic objectives and recognize the role you play in the company’s long-term success. By focusing on our long-term success, we expect to deliver substantial value to our shareholders and maximum rewards to participants. The Program consists of several types of awards.
Stock Options
Equity is a long-term way for employees to share in the company’s success. The company considers stock options a key component of your total rewards because options align your interest in long-term stock price growth with that of other shareholders.
Stock options give eligible employees the opportunity to buy a set number of company stock shares at a fixed price (or “grant price”) per share after a specified period of time.
The value of your vested stock options is the difference between the current fair market value of company common stock and the grant price, multiplied by the number of total options for each award. If the fair market value is less than the grant price, the option is valued at $0 or considered “under water.”
For more information on your stock options, please log on to the Fidelity website or call 1-800-123-4567.
Restricted Stock
The company invests in your career and recognizes your contributions to the organization by providing you with restricted stock. This further aligns your compensation with our long-term financial performance. After your restricted stock awards vest (assuming you continue to be employed by the company), you will receive shares of company common stock.
In general, restricted stock units vest three years from the grant date and are distributed immediately. See your grant documentation for specific grant information. The value of your restricted stock equals the number of your unvested shares times the current fair market value of company stock.
For more information on your restricted stock, please log on to the Fidelity website or call 1-800-123-4567.
Performance Shares
Each performance shares grant is based on a three-year plan. Targets are based on a specified number of shares for each participant, and an award of between 30% of target is made after the 3 years, depending upon company performance versus goals during the same period.
We have designed the performance shares program to tie a portion of eligible executives’ compensation to the achievement of key financial outcomes that drive long-term sustainable growth and to strengthen the alignment of management and shareholder interests.
Your actual award, depending on company performance against defined metrics, will be delivered in the form of Acme common stock deposited to your Fidelity brokerage account. For more information on your performance shares, please log on to the Fidelity website or call 1-800-123-4567.