eTrade 2000 Annual Report Download - page 255

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c.Personal impact on business results
d.Participation and leadership in performance management process throughout the Company
e.Remaining “engaged” and productive post-merger
2. Integration : Degree to which the employee contributes to a seamless and effective transition:
a.Contribution to employee selection and retention
b.Leadership and participation in H&G/E*TRADE integration teams
c.Facilitating successful cultural assimilation
i.Including positive, open, two-way communications, technology transfers and learning
d.Succession planning to ensure smooth transitions for all key, high-impact positions.
3. Project Leadership : Degree to which employee takes an active and effective role in identified projects. (Note: all existing projects
will be reviewed and new projects may be jointly identified by Chief Executive Officer—TIR and President—E*TRADE
International. The new projects may differ from the existing “godfather” strategic projects and may include projects necessary as part
of integration.)
Evaluation and “Fine Tuning” of Milestone Performance: Performance results associated with the three milestones will be “fine
tuned” as follows:
1. Internal Comparisons : Executive Committee members will be ranked approximately 1-12 relative to his or her peers.
a.Factors used for “relative” ranking:
i.Executive Committee member’ s success in attracting new talent
ii.Relative performance of regional offices/functions
iii.Motivation level
2. External Comparisons : To ensure retention, market competitiveness of total compensation will be considered in light of planned
bonus payouts.
Process For Determining Bonus Pool Pay-Outs:
1.Goals for TIR group to be set out by Executive Committee and finalized by the Chief Executive Officer—TIR and the President of
E*TRADE International.
2.Quarterly review of process executed by the Chief Executive Officer—TIR and the President of E*TRADE International, with input
from E*TRADE’ s Vice President, Associates and Work Environment
3.Final determination of bonus pay-outs per individual by the Chief Executive Officer—TIR, the President—TIR, and the President of
E*TRADE International, with input from E*TRADE’ s Vice President, Associates and Work Environment
2002. EDGAR Online, Inc.