Business Pitch Dictionary by pitch.dog
Performance, pay & rewards · Working

Long-term incentive

Also called: LTI

ELI5

Compensation tied to multi-year performance or value creation.

Used in conversation

“Who is accountable for long-term incentive, and who is affected by it?”

Pitch context

You will see “Long-term incentive” in organisation plans, workforce reviews, change programmes and people reports when the discussion reaches performance, pay & rewards.

Why it matters: In performance, pay & rewards, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Connected terms

Sources & evidence · 2

Direct term-level sources and supporting source families.