(n.) The profit arising from office, employment, or labor; gain; compensation; advantage; perquisites, fees, or salary.
Example Sentences:
(1) Although federal ethics laws do not directly apply to the presidency, Trump risks a constitutional violation under the emoluments clause.
(2) The legal watchdog Citizens for Responsibility and Ethics filed a federal lawsuit against Trump shortly after his inauguration accusing the president of breaching the emoluments clause of the constitution, which prohibits receiving payments or gifts from foreign governments.
(3) Emolument said Goldman paid its managing directors well – at the top layer of investment bankers – but it appeared less generous than competitors for traders on the next rung down.
(4) While it is true that some rules on conflict of interest for executive branch employees do not apply to the president, Trump will be bound by bribery laws, disclosure requirements and a section of the US constitution known as the “emoluments clause” that bans elected officials from taking gifts from foreign governments.
(5) For some, it’s all about the money: there is a strong correlation between these course admission statistics and those put out by salary benchmarking website Emolument , which used data from 55,000 individuals to work out which degrees help their graduates get rich quick.
(6) In Trump’s Washington, we don’t need all those checks and balances, ethics lawyers and emolument clauses.
(7) That decision, given the Trump Organisation’s reliance on foreign governments to grant valuable trademark licences and permits, may in fact contravene the United States constitution’s prohibition on presidents receiving gifts or any “emolument” from foreign governments.
(8) However, if businesses in which he had a stake benefit from payments from foreign governments or foreign state-owned companies, he would risk violating the “ emoluments clause ” of the constitution.
(9) Ben Cardin, the Democratic senator for Maryland, proposed a Senate resolution that Pres Trump obey the emoluments clause of the constitution, which forbids bribery (Trump had refused to put his holdings in a blind trust).
(10) Robert Benson, chief executive of Emolument, said banks from continental Europe, such as France’s Société Générale and Crédit Agricole, had the problem of matching pay from their less lucrative home market with high wage demands in London.
(11) It’s just a different thing.” While it is true that some rules on conflict of interest for executive branch employees do not apply to the president, Trump will be bound by bribery laws, disclosure requirements and a section of the US constitution known as the “emoluments clause” that bans elected officials from taking gifts from foreign governments.
(12) That provision found in Article I, Section 9, Clause 8 of the US constitution provides that “no person holding any office of profit or trust under them shall, without the consent of the Congress, accept of any present, emolument, office, or title, of any kind whatever, from any king, prince, or foreign state”.
(13) The organisation intends to bring a legal challenge accusing the president of violating the US constitution’s emoluments clause by accepting payments from foreign governments at his hotels and other properties.
(14) Richard Painter, a chief ethics counsel to President George W Bush, said Trump must sell his businesses or risk violating the “emoluments clause”.
(15) Trump is, however, subject to the constitution’s emoluments clause, an anti-bribery provision that forbids the president from accepting “any present, Emolument, Office, or Title, of any kind whatever, from any King, Prince, or foreign State”.
(16) Other experts agree that the emoluments clause could impact Trump’s businesses.
(17) If Donald Trump’s business arrangements involve his receiving payments, directly or indirectly, from a foreign government or an entity it controls, that would violate the emoluments clause,” Clark said.
(18) But attention has fallen on the emoluments clause of the constitution, which bars public office holders from receiving payments from foreign government officials.
Remuneration
Definition:
(n.) The act of remunerating.
(n.) That which is given to remunerate; an equivalent given, as for services, loss, or sufferings.
Example Sentences:
(1) A key way of regaining public trust will be reforming the system of remuneration as agreed by the G20.
(2) An employee's career advancement, professional development, monetary remuneration and self-esteem often may depend upon the final outcome of the process.
(3) It will not be so low as to put off candidates from outside the corporation but will be substantially less than Thompson's £671,000 annual remuneration – in line with Patten's desire to clamp down on BBC executive pay, which he said had become a "toxic issue".
(4) Until this year, only 18 remuneration reports had received a protest vote greater than 50% in the 10 years since the vote on pay was introduced by the Labour government.
(5) Management criticised The PAC was also critical of the BBC senior management, saying non-executive directors on the executive board remuneration committee "failed to provide an effective check on severance pay for the BBC's most senior staff".
(6) He was paid close to £1m in 2008, according to ITV's annual report , but is likely to see his remuneration package drop to around £250,000 when he gives up executive chairman responsibilities and becomes non-executive chairman.
(7) Some 59.29 % had opposed the remuneration report, a rebellion only exceeded by one at Royal Bank of Scotland (RBS) at the height of the banking crisis, and surpassing the 59% that voted against the £6.8m pay deal for Sir Martin Sorrell at his advertising company WPP in 2012.
(8) It added: "While the voluntary code for remuneration consultants specifies that they should not cross-sell services, anecdotal evidence and interviewees the High Pay Commission met during this research suggest this practice is widespread."
(9) Belinda Lester, from the employment law firm CKFT, agreed: "If they have a bad year, it's very difficult to cut back salaries"; the second big plus from the bank's point of view is "if a significant part of your remuneration is a bonus, these contracts will make it very clear that bonus is only payable if you're not leaving.
(10) At the group's recent annual meeting, members endorsed the Myners plan but backed motions opposing the remuneration packages for executives.
(11) In WPP's 2010 annual report published in April, Jeffrey Rosen, chairman of the compensation committee, said: "Given the increased importance of digital strategy to the group and Mr Read's personal development, an increase to his remuneration was in order."
(12) The code makes clear that this resolution “prohibits paid advocacy”, but it does “not prevent a Member from holding a remunerated outside interest as a director, consultant, or adviser, or in any other capacity”.
(13) Trinity Mirror attempted to placate investors in April with a new pay deal for Bailey that reduced her remuneration by about £500,000, but that failed to satisfy some major shareholders.
(14) On the way to implementing this requirement, the following points must be taken into account: the measurability of the quality of medical care, establishment of the quality of structure, treatment and results, aids for the determination and documentation, remuneration, and the motivation for implementing quality control.
(15) Remuneration committees are approaching any increase in pay-outs with caution to ensure they accurately reflect performance and satisfy shareholders."
(16) Berkett, who has just been awarded a £100,000 increase in basic salary to £650,000 backdated to 1 April 2010, actually took a comparative 18% year-on-year cut to his total remuneration package.
(17) There was no mention of UKFI's opposition in the prepared statements in the annual report by Penny Hughes, the non-executive director who chairs the remuneration committee.
(18) "We will continue to reduce the number of senior managers and the senior managers paybill, and the executive remuneration committee will continue to review progress on a regular basis."
(19) The Premier League on Monday said that Scudamore had immediately informed the 20 clubs, McCormick and Bruce Buck, the Chelsea chairman who heads the audit and remuneration committee that will meet on Monday, in line with its policy.
(20) This article is based on a report published by the Northern Nurses' Federation (NNF) as background material for a conference on Nordic Nurses' Remuneration and Employment Conditions 22-24 October 1991, Denmark.