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PRXI » Topics » Use of Benchmarking

This excerpt taken from the PRXI DEF 14A filed Jun 24, 2008.
Use of Benchmarking
 
In making compensation decisions, the compensation committee considers the compensation paid to executive officers in comparable positions at companies of comparable size. For fiscal year 2008 the compensation committee did not use a formal peer group. The compensation committee intends to utilize peer group analysis for consideration in its executive compensation decisions during fiscal year 2009 and is in the process of determining the appropriate peer groups.
 
The compensation committee has historically set annual base salaries and equity-based compensation for our named executive officers at levels it believes are commensurate with amounts paid to executive officers at comparable companies and in comparable lines of business.
 
This excerpt taken from the PRXI DEF 14A filed Jun 27, 2007.
Use of Benchmarking
 
In making compensation decisions, the compensation committee considers the compensation paid to executive officers in comparable positions at companies of comparable size. The compensation committee does not use a formal peer group.
 
The compensation committee has historically set annual base salaries and equity-based compensation for our named executive officers at levels it believes are commensurate with amounts paid to executive officers at comparable companies and in comparable lines of business.
 

EXCERPTS ON THIS PAGE:

DEF 14A
Jun 24, 2008
DEF 14A
Jun 27, 2007

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