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Because variable compensation is not going to be variable in practice. It's going to closely track to the stated minimum. For some executives the variability is
by ChiefEngineer 4y ago
Because variable compensation is not going to be variable in practice. It's going to closely track to the stated minimum. For some executives the variability is in the split between their bonuses and shareholders in the form of increased EPS. Employees get the remaining portion, if any.