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variable Vergütung

English translation: variable compensation; variable remuneration


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:variable Vergütung
English translation:variable compensation; variable remuneration
Entered by: TechLawDC
Options:
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21:23 May 15, 2011
German to English translations [PRO]
Bus/Financial - Human Resources
German term or phrase: variable Vergütung
Context:
"Aus diesem Grund hat das Executive Board beschlossen, den Mitarbeiterinnen und Mitarbeitern welche keine variable Vergütung, eine Prämie als Anerkennung zu entrichten.

It crops up again in the following sentence:

"Erhalten sollen diese Sonderzahlung all diejenigen, welche durch ihre variablen Vergütungsbestandteile nicht ohnehin am guten Geschäftsergebnis teilhaben."

Any idea what "variable Vergütung" means here?
Finola Brady
variable compensation
Explanation:
The discussion seems to be about compensation of employees etc. (salaries, bonuses, etc.)
Selected response from:

TechLawDC
United States
Grading comment
Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +3variable compensationTechLawDC
3variable remuneration/variable pay
suew
3variable allowance
Raghunathan


  

Answers


5 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +3
variable compensation


Explanation:
The discussion seems to be about compensation of employees etc. (salaries, bonuses, etc.)

TechLawDC
United States
Native speaker of: Native in EnglishEnglish
PRO pts in category: 8
Grading comment
Selected automatically based on peer agreement.

Peer comments on this answer (and responses from the answerer)
agree  Birgit Gläser: or commissions...
52 mins

agree  Ted Wozniak: but NOT commissions
1 hr

agree  Thayenga
8 hrs
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4 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
variable allowance


Explanation:
also called variable pay allowance, or variable rate allowance.

Variable component of the Salary or CTC is the component that is linked directly with performance. It is calculated at the time of Appraisals depending upon the pre-agreed formula and generally paid half yearly in arrears.

Raghunathan
Local time: 06:40
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 18
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9 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
variable remuneration/variable pay


Explanation:
I think you will come across remuneration more often than compensation in this context in the UK. Variable pay is also possible (more informal), depending on the overall tone of this communication.

suew
United Kingdom
Local time: 02:10
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 8
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Changes made by editors
May 29, 2011 - Changes made by TechLawDC:
Created KOG entryKudoZ term => KOG term


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