Discretionary scheme meaning
Web1. a. : individual choice or judgment. left the decision to his discretion. b. : power of free decision or latitude of choice within certain legal bounds. reached the age of discretion. … Webdiscretionary adjective formal uk / dɪˈskreʃ. ə n. ə r.i / us / dɪˈskreʃ. ə n.er.i / able to be decided by a particular person or group, rather than being controlled by rules, or relating …
Discretionary scheme meaning
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Webdiscretionary meaning: 1. able to be decided by a particular person or group, rather than being controlled by rules, or…. Learn more. WebIt's important to draw a distinction between incentives and bonuses, although the two terms are interlinked and often used interchangeably. Incentives aim to influence future employee behaviour or performance, usually using targets: if a specific target is met, the employee will receive a payment. Bonuses can be discretionary or non-discretionary.
Webfor any use or purpose one chooses; not earmarked for a particular purpose: discretionary income; a discretionary fund. WebMay 31, 2024 · Definition. A profit-sharing plan is a type of defined contribution plan that allows companies to help their employees save for retirement. Employers use these …
WebDec 8, 2024 · Discretionary trusts are a great way of providing income to beneficiaries who may be dependent or otherwise unable to manage their assets. For example, the trust can explicitly list the names of individuals that you wish to benefit from the trust. You can name the primary beneficiaries of your trust and also nominate unnamed beneficiaries. Webhaving or using the ability to act or decide according to your own discretion or judgment. “The commission has discretionary power to award extra funds”. synonyms: …
WebTypes of bonus and reward schemes Discretionary and non-discretionary bonuses. As the name suggests, discretionary bonuses are paid at the discretion of the employer. This means: ... Discretionary bonuses are often paid as an annual reward to employees following a successful year. Employees feel rewarded and valued by your organisation.
Webdiscretion: [noun] individual choice or judgment. power of free decision or latitude of choice within certain legal bounds. friday 13 and knights templarWebDefine Test and Trace Discretionary Payments Scheme. (‘Discretionary Scheme’); means the Test and Trace Discretionary Payments Scheme which has been agreed by … father\u0027s day event flyerWebMar 30, 2016 · “Discretion” in this context refers to discretionary trading, which is when a broker makes trades in a customer’s account without first consulting the customer. That … father\u0027s day event ideasWebdiscretionary adjective 1. Based on individual judgment or discretion: arbitrary, judgmental, personal, subjective. 2. Not compulsory or automatic: elective, facultative, optional. The American Heritage® Roget's Thesaurus. Copyright © 2013, 2014 by Houghton Mifflin Harcourt Publishing Company. friday 13 april 2029WebAug 18, 2024 · A discretionary bonus is an extra payment the company pays the employee in unexpected situations. These payments aren't a part of the employment contract or any verbal agreement with the employer. They're entirely based on the discretion of your employer rather than any specific pre-agreed parameters. friday 13 in 2022WebAnglais. Français. discretionary adj. (subject to personal judgment) facultatif, facultative adj. (Droit ou pouvoir) discrétionnaire adj. Participation in the event is not discretionary for students. La participation à l'événement n'est pas facultative pour les étudiants. father\u0027s day engraving ideasWebAn access control policy that is enforced over all subjects and objects in an information system where the policy specifies that a subject that has been granted … friday 13 knights templar