Company: NOTV
Filing Date: 2025-12-05
Form Type: 10-K
Source: 0001628280-25-055483
Chunk: 93

Company: Inotiv, Inc.
Filing Date: 2025-12-05
Form: 10-K
Item: Item 1
Chunk 93
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 compensation and benefits: 

•a consistent framework that is affordable to the business;

•a pay for performance focus – individuals are rewarded for performance and overall contributions to business success;

•compensation is fair and equitable, irrespective of gender, race, or similar personal characteristics; and

•a total rewards package that will be competitive with leading companies. 

Compensation is used to attract, retain, and motivate employees and to reward the achievement of business results through the delivery of competitive pay and discretionary incentive programs. Benefits provide employees with income security and protection from catastrophic loss. We will continue to evaluate and develop affordable, competitive benefit programs that meet these objectives. No one element is more important than any other, and business judgment is used to balance them to ensure our compensation and benefits strategy is effective in supporting our overall business strategy. 

Our Guiding Principles consist of: 

•Pay Equity – employee compensation should be fair and equitable.

•Performance Orientation – compensation programs should support and reinforce a pay-for-performance culture.

•Competitive Positioning – critical to attracting, motivating, and retaining a high-performance team.

•Affordability – compensation and benefits must be affordable to us over the medium to long-term.

•Consistency and Stability – compensation and benefit programs should have a high degree of consistency and should not significantly fluctuate year-over-year. 

•Delivery Efficiency – compensation, benefits, and other related programs should be consistent, equitable and easy to administer. 

•Deliver Effectiveness – clearly defined metrics should be developed for compensation, benefits, and other related programs that are aligned with corporate business performance metrics. 

Attracting, retaining, and developing world class talent that is empowered to work together to compete and win is a fundamental aspect of our corporate strategy. A foundational principle of our talent management strategy is an unwavering commitment to equal opportunity in all aspects of employment, including the way we compensate and reward our employees.

Regulatory Matters

We are subject to various federal, state, and local laws and regulations and inspections designed to promote compliance therewith. We strive to conduct our business in compliance with applicable laws and regulations. Violations of these laws and regulations may result in sanctions, including substantial fines, warning letters that require corrective action (including potential facilities improvement requirements), revocation of approvals, exclusion from future participation in government healthcare programs and grants, criminal prosecution and even the denial or debarment of the right to conduct business. We hold a range of permits and licenses, related to our activities.

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We are subject to extensive regulatory requirements and