Incentive Scheme Design
Incentive Scheme Development and Review
Short (STI’s) and Long-Term Incentive schemes (LTI’s) are typically used to reward and retain certain categories of staff, and/or superior performers. Incentives are a key element of the Emergence Total Rewards Model.
The developed / reviewed scheme for both STI’s and LTI’s will:
- Be developed in accordance with the specific environment and market in which the organisation is required to be competitive;
- Meet operational requirements;
- Reward staff for defined performance deliverables;
- Ensure that high performing individuals are recognised and rewarded appropriately;
- Ensure that the organisation is viewed in the market as an attractive and competitive employer;
- Have appropriate buy-in from relevant stakeholders; and
- Link to the strategic direction and business objectives of the organisation.
For more information, please contact us via info@emergencegrowth.com or call +27 11 026 3442.
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