PARIS — Satellite fleet operator SES is revising its 2021 bonus plan for senior management to make it more reflective of financial performance, which will account for 70% of the evaluation compared to 50% in 2020.
The new plan reduces the weight given to whether the company meets is business objectives for the year, to 30% from 50% in 2020.
For 2020, SES’s senior executives were given a 78% success grade against the financial-performance targets, which were EBITDA (60% of the score), net profit (20%) and . . .
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