What are the Long-Term Incentives?

It is an incentive program that is used usually to retain key employees and executive team members by vesting a percentage of the plan award over several years (normally 3 years or more). In addition to cash plans, employers can choose from a variety of stock-based plans, including stock option, restricted stock and performance-based stock plans. Although often used as a type of incentive for executives, many employers use equity compensation throughout the organization.

We at Bakkah Inc. offer a tailored long-term incentive plan that will help your organization retain your key personnel.

Why?

  • To raise retention of executive management members.
  • To increase achievement of a business’s long-term goals by linking LTI to the performance achievement of long term KPIs.
  • To build a motivating work environment.

 

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