The latest announcement is out from iLearningEngines Holdings (AILE).
On August 22, 2024, iLearningEngines, Inc. announced significant salary increases and set target bonuses for the FY 2024 for key executive officers, with the aim of aligning these incentives to the company’s financial performance goals. The raises and bonuses are contingent upon meeting specific revenue and Adjusted EBITDA targets. Additionally, the company awarded one-time cash bonuses to these executives, ranging from $33,000 to $58,000, underlining its commitment to competitive compensation.
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