Compensation Dictionary

In an effort to provide our readers with valuable resources, we have put together this dictionary of key compensation terms that will be helpful to anyone in the compensation field. Here you will find all the terms you need to know to have a good grasp on the language of compensation.

The Compensation Dictionary is also available as a PDF.

There is currently 1 Compensation Term in this directory beginning with the letter L.
LONG-TERM INCENTIVE PLAN
A company’s reward system designed to improve employee’s long-term performance and reward employees for achievement of strategic objectives that will maximize shareholder value.


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