Performance measures in an Organization

NEXTDC is unique among ASX-listed companies due to its high capital-intensity and growth prospects requiring further capital
to be invested ahead of demonstrable revenues and profits. Most comparable peers are US-based, as is the more comparable
executive talent. The Board considered the Company’s long-term strategy and potential and determined that the CEO’s
remuneration remains appropriate in context of the skills and experience necessary to lead NEXTDC.
Other major provisions of the agreements relating to service agreements are set out below.
Name Duration of Contract Notice Period Termination Payments1
Craig Scroggie No fixed term 12 months 12 months
Simon Cooper No fixed term 6 months 6 months
Oskar Tomaszewski No fixed term 6 months 6 months
David Dzienciol No fixed term 6 months 6 months
Adam Scully* No fixed term 6 months 6 months
*Ceased as KMP on 24 March 2020
5.1 STI Vesting Outcomes
The below performance measures were chosen as being the most relevant drivers for improving financial performance and
growing shareholder value. More specifically, the metrics were chosen because:
 Group EBITDA: This metric indicates the Company’s underlying profitability at this stage of its development.
 New NMRR Committed: This metric is connected to the level of incremental new business signed with NEXTDC’s
two key customer segments: Retail andWholesale.
The joint assessment of these three performance objectives in the context of the Company’s overall performance resulted in
overall performance falling in between target and stretch for the FY20 performance period. The actual EBITDA and NMRR
targets are not quantified as they are considered to be commercially sensitive and are therefore not disclosed in the interests
of shareholders.
Based on performance against these three objectives, as well as the Company’s broader performance during FY20, including
overall response to the COVID-19 pandemic, maintaining 100% uptime SLA and keeping construction performance on plan,
completion of capital raising in challenging market conditions, strong share price performance and transition into the ASX 100
index, the Board has determined to award 100% of the FY20 STI opportunity.

Don't use plagiarized sources. Get Your Custom Essay on
Performance measures in an Organization
Just from $9/Page
Order Essay
Order a unique copy of this paper
(550 words)

Approximate price: $22

Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

We value our customers and so we ensure that what we do is 100% original..
With us you are guaranteed of quality work done by our qualified experts.Your information and everything that you do with us is kept completely confidential.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

The Product ordered is guaranteed to be original. Orders are checked by the most advanced anti-plagiarism software in the market to assure that the Product is 100% original. The Company has a zero tolerance policy for plagiarism.

Read more

Free-revision policy

The Free Revision policy is a courtesy service that the Company provides to help ensure Customer’s total satisfaction with the completed Order. To receive free revision the Company requires that the Customer provide the request within fourteen (14) days from the first completion date and within a period of thirty (30) days for dissertations.

Read more

Privacy policy

The Company is committed to protect the privacy of the Customer and it will never resell or share any of Customer’s personal information, including credit card data, with any third party. All the online transactions are processed through the secure and reliable online payment systems.

Read more

Fair-cooperation guarantee

By placing an order with us, you agree to the service we provide. We will endear to do all that it takes to deliver a comprehensive paper as per your requirements. We also count on your cooperation to ensure that we deliver on this mandate.

Read more

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Open chat
You can contact our live agent via WhatsApp! Via +1 817 953 0426

Feel free to ask questions, clarifications, or discounts available when placing an order.

Order your essay today and save 30% with the discount code STARS