This is the payment that a top manager receives when leaving his position, usually three annual salaries. This is necessary to sufficiently motivate the CEO during the reorganization or sale of the enterprise.
When an employee searches for a job immediately after being fired, potential employers are wary of such candidates, and the search for a suitable vacancy can drag on for months. A manager, taking this into account, may deliberately delay reorganization so as not to lose income. A golden parachute - a payment of remuneration costa-rica mobile phone numbers database that will provide a top manager with a couple of years at once - allows this problem to be partially solved.
High pension contributions
Contributions to the Social Fund of the Russian Federation in an increased amount very clearly illustrate the company's concern for its employees, creating a powerful incentive to continue working and achieving maximum results.
Long Term Incentive Plan
Source: shutterstock.com
LTIP – Long Term Incentive Plan
In Western countries, such a system is very popular. It is most actively implemented by companies such as Amazon and Alphabet. Gradually, the practice is beginning to appear in Russian companies.
LTIP encourages managers to achieve the company's long-term goals. The monetary reward is distributed over several years. Today, programs with option rewards are increasingly used; they allow you to purchase company shares on favorable terms. Thus, this system is used for Rostelecom's top managers; the cost of the company's shares for employees is 65% lower than the market price. But only those who have worked in the company for at least 2 years and earned a reputation with the owners can apply for shares at a preferential price.
Phantom options are suitable for non-public companies. The difference from the standard option is that the employee does not buy real shares, but receives a reward in the form of the difference between the value of securities at the beginning and end of the corresponding period. The bonus will be paid only if the company grows financially, otherwise the manager will not receive anything.
How to calculate LTIP?
To do this, you can use one of three options:
"Golden Parachute"
-
- Posts: 585
- Joined: Mon Dec 23, 2024 3:51 am