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PBI » Topics » Setting Performance Objectives

This excerpt taken from the PBI DEF 14A filed Apr 3, 2007.

Setting Performance Objectives

At the beginning of each year, the Committee identifies the performance metrics, establishes thresholds, budgets and maximums, and determines metric weightings for the annual incentive pool. For both short and long-term incentive compensation, the Committee aligns target objectives consistent with the financial guidance that we provide investors. The Committee reviews the annual objectives for alignment with:

  • company strategy,
  • financial plans,
  • historical performance, and
  • public statements about company financial and strategic objectives.
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