Form DEF 14A ORACLE CORP For: Nov 15 streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Form DEF 14A HIBBETT INC streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Form DEF 14A SMITH A O CORP streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Question: I’ve heard about long-term incentive compensation plans. Should I consider one for my business?
A: A long-term incentive compensation (LTIC) plan is a compensation package for key executives that includes base salary, short-term and long-term incentives and benefits. These plans are created as a reward system to incentivize performance, as LTIC plans are tied to individual goals and objectives instead of a company’s revenue or share price. LTIC plans can be advantageous for those participating. If your company is seeking to attract, motivate or retain highly qualified executive officers, an LTIC plan may be right for you.