By December, they had told him his annual bonus would decline "significantly, " according to the document.
The disruption was one reason why Mr Hester declined to accept part of his annual bonus.
More defections are expected at the end of February after the annual bonus season.
Boards use a variety of other measures, too, to decide the size of a CEO's annual bonus.
Earlier this year, Anglo-Australian mining giant Rio Tinto said its chief executive Tom Albanese would forgo his annual bonus.
Earlier this month, Mr Brown said he would not take an annual bonus.
There will be a 20% cut in the minimum wage but annual bonus holiday payments in the private sector may escape.
He said that performance meant the committee "decided it was appropriate to award the executives close to the maximum payments under the annual bonus arrangements".
He was threatened with a vote in the House of Commons, organised by the now-opposition Labour Party, on whether he should take his annual bonus.
ECONOMIST: A bitter row about executive pay is about something bigger
In his revised decision, the judge cited several factors not expressly listed in the new law, including Mr. Goldberg's fluctuating annual bonus and the parties' monthly cash flow.
One is to lend employees cash secured on shares held in an employee-benefit trust, usually offshore, as part of their annual bonus but deferred for three to five years.
ECONOMIST: Who benefits from a one-off levy on bankers�� bonuses?
According to Towers Perrin, a consultancy, data from American firms that had filed their 2008 proxy statements by the end of March show that, although median base-salaries rose slightly, the median annual bonus fell by 19%.
Also late yesterday, Prudential Financial ( PRU) said in a regulatory filing that its board had increased the salaries of several of its top executives, while at the same time reducing the annual bonus opportunity to reflect the salary increase.
On Friday, John Mack , chief executive of Morgan Stanley (nyse: MS - news - people ), and usually one of Wall Street's top paid, became the latest to perform the penitent ritual of forgoing an annual bonus.
FORBES: Morgan Stanley's Mack Joins Wall Steet's Bonus Bereft
However, in 2002 Disney had put in place for the entire executive officer group a new annual bonus scheme that let a range of one-off financial events be excluded from the assessment of whether management, including the chief executive, had met performance targets.
If you're in a position where you receive an annual raise or bonus above the rate of inflation, Jenkins suggests you just hold your Committed Expenses steady for a while and let the raises or bonuses reduce the percentage over time.
Legislators have raised taxes on the rich and cut the 13th month paycheck, an annual extra-month salary bonus given to public employees as the government attempts to raise revenues and cut spending to stay solvent.
Last week, 54% of Aviva shareholders voted against the company's annual remuneration report, which covers its pay and bonus packages.
The EU Parliament has just issued a draft law stating that banks may only pay a bonus to bankers of up to one times annual base salary (twice if the shareholders vote to allow such).
FORBES: The Difference In The Swiss And European Union Controls On High Pay
Details of the full bonus pool are expected with the company's annual results next Tuesday.
The deal also includes a one-off performance-related bonus of up to 2.4% of annual pay.
Starbucks's directors set tough bonus goals "tied to a very challenging fiscal 2010 annual operating plan, " Mr. Hilowitz said.
In the next two weeks, ahead of RBS's annual results being published, the bank will have to set out its bonus policy.
British Airways Chief Executive Willie Walsh agreed to forgo his bonus on Friday, even though the airline more than doubled its annual profits in one of its most challenging years to date.
The no annual fee Citi Hilton HHonors Visa Signature Card from Citibank offers a sign-up bonus large enough for a few free nights in most cities.
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