Highly-compensated
Referring to individuals or positions that receive a substantial amount of financial remuneration for their services. This often includes a combination of salary, bonuses, stock options, and other benefits. Factors influencing high compensation include the individual's skills, experience, responsibilities, market demand, and the financial performance of the employing organization. It is frequently associated with executive roles, specialized professions, and positions of significant responsibility.
Highly-compensated meaning with examples
- The company's CEO is a highly-compensated executive, reflecting his vast experience and the significant profits the company generated under his leadership. This compensation package includes a base salary, performance-based bonuses, and generous stock options, all designed to incentivize strong performance. Furthermore, this often comes with lavish perks.
- In the competitive tech industry, software engineers with specialized skills are often highly-compensated. Employers are willing to pay premium salaries and benefits to attract and retain top talent in this high-demand field, as expertise in these areas leads to profits. This can result in a huge difference in the compensation of entry-level to senior software engineers.
- Professional athletes, particularly in popular sports, are frequently highly-compensated due to their exceptional talent, the large fan base they command, and lucrative endorsement deals. Their contracts often include substantial salaries, bonus structures, and the potential for significant earnings from sponsorships and other brand opportunities.
- As senior partner at the law firm, the lawyer was considered highly-compensated. This reflected their expertise, client base, and the overall success of the firm. Their compensation package was commensurate with the demands of their role and the high level of responsibility they held, including managing complex legal cases.
- Due to her extraordinary achievements and years of experience, the seasoned doctor, who specializes in a rare field, is a highly-compensated professional. Her remuneration recognizes both her specialized skills and her ability to help patients, leading to better outcomes and an excellent reputation.