Short-term cash incentives and bonus programs continue to dominate the incentive-pay landscape among private companies in the U.S., but companies also are using long-term incentives to drive performance, at least at the executive level, according to a new research report by WorldatWork, an association of total rewards professionals, and Vivient Consulting.
“As organizations continue to recognize that incentives are powerful tools, short- and long-term incentive programs remain prevalent across both the public and private sectors,” said Kerry Chou, WorldatWork senior practice leader in compensation. “Both short- and long-term incentives can enable companies to create and sustain improved employee performance and organizational success.”
