Short-Term Incentives (STI):
Performance-based rewards paid within a year, typically tied to individual or company targets (e.g., bonuses, commissions).
Long-Term Incentives (LTI):
Rewards designed to retain talent and align employees with long-term goals, usually vesting over multiple years (e.g., equity, profit-sharing).
Incentive programs are designed to directly support your short-term targets and long-term organizational goals.
Tailored long-term and short-term incentive plans based on your industry, workforce needs, and performance metrics.
Reward immediate performance while encouraging long-term commitment, driving engagement and retaining top talent.
Incentives are benchmarked against market standards to ensure competitiveness, fairness, and cost efficiency.
Transparent frameworks with defined eligibility, payout mechanisms, and full regulatory compliance.
Complete support from design to implementation, communication, and continuous optimization.
Elevare HR design incentive programs that drive both immediate results and sustained success
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