remuneration committee
compensation committee
pay package
'fat cats'
pension
a severance deal
a golden parachute
A committee of non-executive directors charged with deciding on the pay and incentive schemes for executive directors. (US)
The salary and other benefits (= advantages) such as health insurance or a car that an employer offers to an employee.
A contract between an employer and employee documenting the rights and responsibilities of both parties in the event of job termination.
A regular payment made by the state to people of or above the official retirement age and to some widows and disabled people.
A committee of non-executive directors charged with deciding on the pay and incentive schemes for executive directors.
An agreement between a company and an employee specifying that the employee will receive certain significant benefits if employment is terminated.
It is commonly used to describe a rich, greedy person who, due to ownership of large amounts of capital, is able to "live easy" off the work of others. In the United Kingdom, it is also used to refer to executives whose pay is deemed by others to be excessive.
