DRCO » Topics » Compensation Philosophy

This excerpt taken from the DRCO DEF 14A filed Apr 26, 2007.
Compensation Philosophy
We provide a total compensation package that supports the accomplishment of our objectives and of our customers by supporting the following goals:
  •   attraction of a high quality workforce
  •   retention of that workforce over time
  •   motivation of that workforce to achieve high levels of performance
The underlying foundation of our compensation system is to pay for performance, at all levels, i.e., individual, business segment, and corporate-wide. Our programs are designed to align incentives with the most appropriate segments of the business that the executive’s performance can impact. In addition, the compensation system encourages and supports the professional and technological skills development and career growth of employees while balancing the individual’s goals and our goals.
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