BIOS » Topics » Base Salary

This excerpt taken from the BIOS DEF 14A filed Mar 21, 2008.
Base Salary
 
Base salary is the only element of our executive’s annual cash compensation not based on the Company’s performance. Base salaries for the Company’s executives take into account competitive compensation levels, coupled with the reasonableness within the Company, the Company’s ability to pay and the duties and responsibilities of the individual. Base salaries allow the Company to provide a competitive level of compensation in order to attract and retain superior employees.
 
In 2007, the Company’s named executive officers received base salary merit increases ranging from 0% to 16%. These base salary increases are shown in the “Salary” column of the Summary Compensation Table. The Company’s average base salary increase in 2007 for all salaried employees was 3%.
 
This excerpt taken from the BIOS DEF 14A filed Apr 17, 2007.
Base Salary
 
Base salary is the only element of our executive’s annual cash compensation not based on the Company’s performance. Base salaries for the Company’s executives take into account competitive compensation levels, coupled with the reasonableness within the Company, the Company’s ability to pay and the duties and responsibilities of the individual. Base salaries allow the Company to provide a competitive level of compensation in order to attract and retain superior employees.
 
In 2006, the Company’s named executive officers received base salary merit increases ranging from 0% to 10%. These base salary increases are shown in the “Salary” column of the Summary Compensation Table. The Company’s average base salary increase in 2006 for all salaried employees was 3%.
 
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