Getting Smarter About Long-Term Incentives (Handout)
Long-term incentives can be a valuable retention tool as long as the rewards and expectations are understood. This handout can jump start learning.
Used alone or as a companion to the Getting Smarter about Long-term Incentives video, this simple handout will help your managers and executives understand the basics of typical long-term incentives.
When and how to use:
Provide this handout with people managers and/or employees ahead of midyear or year-end performance reviews, or anytime during the year. It is particularly useful for individuals new to the workforce:
• Attach to an email
• Print and use it as a desk drop
• Include it in a new-hire kit
• Cover it in a small group meeting or one-on-one conversation
Series: Pay Notes