Long Term Variable Remuneration
An alternative term for Long-Term Incentive (LTI). A common term used in banking and insurance companies. The emphasis is “variability” with results, rather than an incentive to achieve specific results. For example, equity vesting contingent on rTSR is difficult to directly influence. Pay can vary with the outcome, but few would consider it an incentive to achieve an outcome.
You may also be interested in
Level 7, 261 George Street Sydney, NSW, 2000 Australia
Main: +61 2 9270 2900
Fax: +61 2 9270 2999
Level 4, 454 Collins Street Melbourne, VIC, 3000 Australia
Main: +61 3 9600 0295
Fax: +61 3 9670 0936