In 2007, Jeeves’ bonus programme was developed to link it more clearly to performance. The Board wishes to offer members of staff a share of the company’s success. In general, the proportion of variable remuneration was higher in 2007 than in earlier years.
In 2007, a convertible debenture program was offered to employees that continued through December 31, 2010. All debentures were redeemed at December 30, 2010.