MRK » Topics » Objectives

This excerpt taken from the MRK DEF 14A filed Mar 13, 2009.

Objectives

Merck’s compensation and benefits programs are driven by Merck’s business environment and are designed to enable us to achieve our mission and adhere to Company values. The programs’ objectives are to:

 

   

Reflect and maintain Merck’s position as an industry leader in the development of innovative medicines;

 

   

Attract, engage, and retain a workforce that helps us achieve immediate and future success;

 

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Motivate and inspire employee behavior that fosters a high-performing culture through a lean and flexible business model;

 

   

Support a shared, one-Company mindset of performance and accountability to deliver on business objectives; and

 

   

Align the interests of our senior executives with those of our shareholders to ensure prudent short-term actions that will benefit the long-term value of the Company.

All of Merck’s compensation and benefits for its Named Executive Officers described below have as a primary purpose the Company’s need to attract, retain, and motivate highly talented individuals to lead the Company in achieving its mission while upholding our values in a highly competitive marketplace.

This excerpt taken from the MRK DEF 14A filed Mar 10, 2008.

Objectives

Merck’s compensation and benefits programs are driven by Merck’s business environment and are designed to enable us to achieve our mission and adhere to Company values. The programs’ objectives are to:

 

   

Reflect and maintain Merck’s position as an industry leader in the development of innovative medicines;

 

   

Attract, engage and retain the workforce that help us to achieve future success;

 

   

Motivate and inspire employee behavior that fosters a high-performance culture through a lean and flexible business model;

 

   

Support a shared one-Company mindset of performance and accountability to deliver on business objectives; and

 

   

Align the interests of our senior executives with that of our shareholders to ensure prudent short-term actions that will benefit the long-term value of the Company.

All of Merck’s compensation and benefits for its Named Executive Officers described below have as a primary purpose the Company’s need to attract, retain and motivate the highly talented individuals to lead the Company in achieving its mission while upholding our values in a highly competitive marketplace.

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