In today’s dynamic business environment where businesses are facing the challenge to attract, retain and motivate high-performing talent, crafting a comprehensive reward strategy that involves both long-term and short-term incentive plans can help promote a culture of performance excellence, enhance employee engagement and manage risk & costs effectively. Access the recorded session of the live digital event wherein expert panelists discussed the intricacies of designing and implementing effective long-term incentive plans (LTIPs) and short-term incentive plans (STIPs) within the broader Total Rewards framework.
Balancing Rewards:
Optimize Talent with Effective LTIPs and STIPs
Strategic Alignment in LTIP Design:
Integrating equity-based ESOPs and other similar LTIs with strategic goals of the organization.
Optimizing STIPs for Short-Term Success:
Bonus structures, profit-sharing and sales incentives.
Achieving Balance:
Integrating LTIPs and STIPs for effective incentives and risk management
Maximizing Impact:
Effective Communication of LTIP and STIP purpose, structure and rewards.
Rahul Puri (Event Host)
Director, Business Development
WorldatWork India
Rahul Somani
Head Operations – Consulting and Managed Services
ESOP Direct
Vamsi Dasetty
Vice President, Head of Total Rewards and HR Analytics
Airtel
Rewards, Comp & Ben Professionals
People Leaders & CHROs