Long-term incentives motivate and reward executives for the company's growth and prosperity in three to seven years.

Question

Quizplus · Accepted Answer

Long-term incentives are designed to incentivize executives to focus on the long-term growth and success of the company, typically over a period of three to seven years. This aligns their interests with those of the company, as they are rewarded for driving sustainable growth and profitability over the long term, rather than achieving short-term gains at the expense of the business's long-term health.

Long-Term Incentives Motivate and Reward Executives for the Company's Growth