Bed Bath & Beyond (BBBY)

Compensation Philosophy and Objectives

The Compensation Committee has developed and implemented compensation policies, plans and programs to provide competitive compensation opportunities with a significant component of actual payments being dependent principally on the Company’s performance results and on enhancements to shareholder value.  The Committee considers the total compensation package (earned or potentially available, including benefits) in establishing each element of compensation.

The policies, plans and programs are designed to meet the following objectives:

·                  Attract and retain highly qualified executives

·                  Be competitive with other major U.S. retail peer companies

·                  Reward corporate and individual performance

·                  Align the interests of executives and shareholders

·                  Promote the balance of annual and long-term results

Compensation Philosophy and Objectives

The Compensation Committee has developed and implemented compensation policies, plans and programs to provide competitive compensation opportunities with a significant component of actual payments being dependent on the Company’s performance results and enhancements to shareholder value.  The Committee considers the total compensation package (earned or potentially available, including benefits) in establishing each element of compensation.

The policies, plans and programs are designed to meet the following objectives:

·                  Attract and retain highly qualified executives

·                  Be competitive with other major U.S. retail peer companies

·                  Reward corporate and individual performance

·                  Align the interests of executives and shareholders

·                  Promote the balance of annual and long-term results

Compensation Philosophy and Objectives

Our compensation programs are designed to motivate all our executives and associates to continue to feel part of our mutual enterprise and to participate as entrepreneurial partners in the expansion of our business.  Decentralization and empowerment of our personnel at all supervisory and executive levels has been a hallmark of our culture.  We have over the years had a high degree of success in attracting and retaining talented, hard-working executives and associates, and we believe we have enjoyed low turnover in our executive, staff and store management ranks.