Long-term incentives are a type of compensation offered to employees as a way to motivate and reward them for their contributions to a company over an extended period of time. These incentives can take many forms, such as stock options, bonuses, and other rewards, and are often tied to specific performance targets or milestones.

Are you planning to build a recession-proof business strategy? All you need is to read the content to brush up on your skills in building a hassle-free compensation strategy and stay ahead!

Explore the impact of merit planning on employee motivation, performance, and retention in the digital age. Learn about how merit planning can help organizations attract, retain and motivate employees in today's fast-paced digital landscape.