ICMARC Associate Handbook August 2016

CHAPTER 5 COMPENSATION PROGRAM

ICMA‑RC believes that every associate can make a difference. ICMA‑RC’s philosophy is that associate contributions should be rewarded through both base and incentive pay. Base salary recognizes your performance in a specific job and recognizes skills and experience. Incentive pay recognizes your contribution to the corporation’s overall results in a given year. Your base salary may change to keep pay competitive; incentive pay changes from year to year in recognition of team results as well as the individual contributions to those results. A booklet is available to all associates explaining the corporation’s compensation philosophy, process, and components of the compensation plan. That booklet is available at my.icmarc.org , and some of the highlights of the plan are shown below. Incentive/Bonus Programs Incentive plans at ICMA‑RC include Team RC and the President’s High Achievement Award. TEAM RC Team RC is a corporate-wide annual incentive program that emphasizes teamwork and that is tied directly to ICMA‑RC’s performance. Team RC is subject to the review and approval of the ICMA‑RC Board of Directors and is not guaranteed.

Confidential — for Internal Use Only

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