Compensation Change Log

2022/03/24

• Page renamed from Payroll to Compensation.

• Bonus section fully revamped, with additional developments planned.

2021/01/04

Compensation Bonus Installment and Deferral subsection removed from Compensation Bonus section.

2020/04/15

Employee Compensation Confidentiality section added.

2019/04/16

Added new section named Compensation Bonus to identify some of the methods used in determining compensation bonuses and to provide details regarding compensation bonuses being paid via lump sum, installments, and deferred basis. Also added another new section named Repair/Replace Reimbursement for Personal Tools to highlight the Company’s policy towards repairs and replacement reimbursements towards personal tooling, along with providing links to download a personal tool log spreadsheet and a web form for requesting reimbursement.

2018/12/06

Initiation of change log for the Company’s Payroll policies. Policy received a full re-write on this date. All future revisions to be documented above.