I believe that we agreed to use the following for Canada:
Locations that outperformed their March budget would use the existing Q2
budget vs. the March actuals with growth goals of 1,2 and 3% for May, June
and July.
Best,
On Mon, May 13, 2024 at 1:57 PM Timothy Thomas <tt@thekey.com> wrote:
> Hi Bob,
>
> Can you confirm how you came to the Q1 annualized data for Canada? Is this
> in USD?
>
> I come to very different numbers.
> Thanks,
> Tim
>
> On Mon, May 13, 2024 at 3:06 PM Robert Valliant <bob.valliant@thekey.com>
> wrote:
>
>> *Hi Regional Leaders:*
>>
>> Today, we are launching the 2024 Incentive Plan Documentation
>> Communication for your incentive plan participants (as well as your
>> individual plan), and the process overview process is:
>>
>> 1. You will shortly be receiving an email from Chris Rafferty to
>> access folders with:
>> - Excel File with a Summary of all of Your Employees, their Job
>> Profile, Incentive Plan, and applicable Goals and, Note: There are a few
>> employees where we still need to finalize goals, so their Plan Docs will
>> not yet be included.
>> - Individual Plan Document for all of your employees for the
>> following Incentive Plans, which include all of the Goals for the two
>> Metrics that are part of each plan. If you don't see all of your
>> employees' Plan Documents when you first review, more will coming
>> throughout the day, and tomorrow. Note: There are several employees on
>> the Site Management Plan for whom we are awaiting financial goals from F,
>> P, and A, so we cannot complete those Plan Documents yet.
>> 2. The HR Service Center will initiate the DocuSign process, with
>> your employees receiving an email with a link to their incentive plan for
>> electronic signature.
>> 3. We will keep you posted on the status of your employees
>> signatures, as the employees must sign their Plan Document in order to
>> receive a payment.
>> 4. Attached you will find the specific Q2 Target Payouts for your
>> General Managers. You recall that the GM Targets are either 20% for
>> Annualized Q1 Revenue of < $5M, and 25% for Annualized Q1 Revenue of >
>> $5M. *Please communicate the specific Target Payouts to your GMs by
>> the end of the week.*
>>
>> *Tim T: *Chris will be reaching out to you for to update status on your
>> employees in the specific provinces that require both the English and
>> French version of the Canadian Plan.
>>
>> *Araceli: *We will connect with you later in the week on the Concierge
>> Plans.
>>
>> Thank you for your support of the 2024 Incentive Program, and please let
>> me know if you have any questions!
>>
>> Bob
>>
>
>
> --
> Tim Thomas
> Head of Canada Division
> *Please note my email has changed:*
> tt@TheKey.com <tt@thekey.com>
> (514) 591-9387
> TheKey.ca <https://www.thekey.ca/>
> [image: TheKey] <https://www.thekey.com/>
>
Audra Williams
Director, Divisional Operations
(425) 757-7027
TheKey.com <https://www.thekey.com/>
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