Thought Capital
Short-Term Incentive Plan Design: A Brief Overview
A short-term incentive plan (“STIP”), or sometimes referred to as an annual bonus program, is a common tool used to reward employees for their individual performance and to incentivize the achievement of annual business objectives. When properly structured, STIPs can support the alignment of pay with performance, and motivate the desired behaviours and outcomes in an organization. This article provides an overview of common principles and design choices for STIPs, with a focus on its application in executive compensation.
Webinar: Trends and Insights from the 2024 Proxy Season: Navigating Modern Boardroom Challenges
Hugessen has completed its annual review of the 2024 TSX60 proxy circulars, and we are pleased to share key findings on executive pay levels, incentive design, Say-on-Pay results, and other governance topics.
This webinar addresses how Boards are navigating modern issues and trends tied to executive compensation, governance, ESG, and Board effectiveness.
Please click above for the webinar recording, download the TSX60 slides here and the briefing document here.
Events
Directors Education Program - Ottawa
Human Resources & Compensation Committee
Director's Education Program - Toronto
Directors Education Program - Edmonton
About Hugessen Consulting
Our people work with public and private company Boards and Management teams who understand that experience and judgment, not just data, drive decision making.
Independent Advisor Role
Business Minded & Practical Approach
Network of Board, Management & Shareholder Contacts
Experience with Sensitive & Contentious Situations
Established Track Record