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Short Term Incentive Created Sep 18, 2024 (06:09) by Bruno lorenzo Spinelli | In glossary [EN]-Glossary | In space Home

English

Definition

An annual incentive plan for all employees graded S15 and above, that rewards results delivered by the individual, his/her entity and by the Group as a whole. The target amount is calculated as a percentage of ABS considering the country/region and S-grade of the employee.

Synonym(s)

    variable compensation

Abbreviation(s)

    STI

Label(s)

Total Cash Created Sep 18, 2024 (06:09) by Bruno lorenzo Spinelli | In glossary [EN]-Glossary | In space Home

English

Definition

Total Cash (at Target) is a sum of the Annual Base Salary (ABS) and the Short Term Incentive (STI) Target amount.

Words Linked: Annual Base Salary (ABS); Short Term Incentive (STI)

Synonym(s)

    Total Cash at Target

Abbreviation(s)

    TCT

Label(s)