Report Materials
Palmetto GBA, LLC, applied the senior executive compensation benchmark in accordance with Federal requirements. Our application of the existing benchmark to all employees resulted in no additional cost savings. However, applying a benchmark equaling the salaries of the President ($400,000) and Vice President ($230,700) of the United States to all employees would have resulted in cost savings for 1 year of up to $2.2 million.
Notice
This report may be subject to section 5274 of the National Defense Authorization Act Fiscal Year 2023, 117 Pub. L. 263.