incentive plan

incentive plan
See bonus plan.

Ballentine's law dictionary. . 1998.

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  • Sales Incentive Plan — A Sales Incentive Plan (SIP) is a business tool used to motivate and compensate a sales professional (or Sales Agent) to meet goals or metrics over a specific period of time, usually broken into a plan for a fiscal quarter or fiscal year. A SIP… …   Wikipedia

  • stock incentive plan — UK US noun [C] (abbreviation SIP, also share incentive plan) FINANCE, STOCK MARKET, HR ► an arrangement where employees own a percentage of their company’s shares so that they make money when the company makes a profit: »He will continue to defer …   Financial and business terms

  • share incentive plan — UK US noun [C] FINANCE, STOCK MARKET, HR ► STOCK INCENTIVE PLAN(Cf. ↑stock incentive plan) …   Financial and business terms

  • Share Incentive Plan — The Share Incentive Plan (the ‘SIP’) was first introduced in the UK in 2000. SIP s are an HMRC (Her Majesty s Revenue Customs) approved, tax efficient all employee plan, which provides companies with the flexibility to tailor the plan to meet… …   Wikipedia

  • share incentive plan — Formerly known as the all employee share ownership plan (AESOP). Introduced by the Finance Act 2000, a plan under which shares are held by a trustee on behalf of an employee under the terms of a HM Revenue & Customs (HMRC) approved trust and all… …   Law dictionary

  • long term incentive plan — (LTIP) An arrangement under which an employee (usually a senior executive of the company) can be awarded shares in the company at nil cost subject to a period of continued employment and the attainment of a corporate performance target over a… …   Law dictionary

  • long-term incentive plan — (LTIP) An arrangement under which an employee (usually a senior executive of the company) can be awarded shares in the company at nil cost subject to a period of continued employment and the attainment of a corporate performance target over a… …   Law dictionary

  • incentive — in‧cen‧tive [ɪnˈsentɪv] noun [countable] something which is used to encourage people to do something, especially to make them work harder, produce more or spend more money: • tax incentives for first time home buyers • The company proposed a… …   Financial and business terms

  • Incentive stock option — Incentive stock options (ISO s), are a type of employee stock option that can be granted only to employees and confer a U.S. tax benefit. ISO s are also sometimes referred to as incentive share options or Qualified Stock Options.The tax benefit… …   Wikipedia

  • incentive stock option — see option 3 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. incentive stock option …   Law dictionary

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