What is a short term incentive plan?

Short-Term Incentive Plan. The objective of an STIP is to reward key employees for their individual contribution for achieving the company's short-term business strategies and goals set by the compensation committee to increase the company's profitability.

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Long Term Incentive Compensation Plan of A.M. Castle and Co.

New York Long Term Incentive Compensation Plan of A.M. Castle and Co.

Name: New York Long Term Incentive Compensation Plan of A.M. Castle and Co.
Brand: US Legal Forms
Rating: 4.84 (284 reviews)

Category:

Corporations - Public - Incentive Compensation Plans

State:

Multi-State

Control #:

US-CC-20-181

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Instant download

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20-181 20-181 . . . Long Term Incentive Compensation Plan under which Human Resources Committee designates employees who will be participants in Plan and establishes Maximum Award Percentage with respect to each participant for each three year performance cycle. Each participant is entitled to a Performance Award if annual compounded total return (based upon stock appreciation and deemed reinvestment of dividends) on corporation common stock for that performance cycle equals or exceeds 1.5% plus annual compounded total return on common stock of Standard & Poor's 500 Industrials for such period. A participant's Performance Award for a performance cycle is amount equal to product of (a) participant's base salary multiplied by (b) his Maximum Award Percentage multiplied by (c) applicable Attainment Percentage for that performance cycle

How to fill out New York Long Term Incentive Compensation Plan Of A.M. Castle And Co.?

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Some examples of short-term incentives include: Annual cash bonuses. Overtime pay. Holiday, weekend and shift work.

Long-term incentives, or LTI as they're often called, are a valuable part of a total compensation package both for delivering rewards and focusing employees on desired future outcomes and objectives.

Short-term incentives, also known as STI, are one of the crucial parts of the total rewards package delivered to an employee. For HR professionals who design total rewards packages, finding the right balance between STI, long-term incentives (LTI), and salary is important when attracting and retaining the best talent.

Short-Term Incentive Plan. The objective of an STIP is to reward key employees for their individual contribution for achieving the company's short-term business strategies and goals set by the compensation committee to increase the company's profitability.

These plans are discussed below: Premium Bonus Plan. Under premium bonus plans, the time taken to complete a job is fixed based on a careful time analysis. ... Profit-Sharing and Co-ownership. ... Group Incentives. ... Indirect Incentive Plans.

Usually, employees receive them if they meet specific criteria, such as completing a project on time and within budget. For example, a manager agrees to give everyone working on a certain marketing account a $500 bonus if they can complete all deliverables and get client approval by the end of the week.

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Once the Long Term Incentive Compensation Plan of A.M. Castle and Co. is downloaded you can fill out, print out and sign it in almost any editor or by hand. Annual incentives are awarded under the Company's Short-Term Incentive Program (“STIP”). ... We grant long-term incentive awards under our Long-Term Compensation ...Hit Buy now and register your account. If you already have an existing one, select to log in. Choose the pricing {plan, then a suitable payment gateway, and ... Oct 15, 2012 — Long-Term Compensation. Mr. Dolan will be eligible to participate in the Company's long-term compensation plan (LTCP) with a target incentive ... Annual Incentives. Annual incentives are awarded under the Company's Short-Term Incentive Program (“STIP”) and are subject to the terms of the A. M. Castle & Co ... 1. Employment. Conditioned upon the successful completion of the Transaction and effective as of the Effective Date, the Company desires to employ Employee, and ... Mar 23, 2012 — total compensation at risk through the short term and long term incentive plans. Total compensation includes the sum of base salary, target ... Mar 22, 2010 — Fee paid previously with preliminary materials. □ Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) ... Stock-based compensation expense for the Company's long-term incentive plan is recorded using the fair value based on the grant date market price of the ... As part of our executive compensation program, we provide our NEOs with base salary, short-term incentives and long-term incentives. We allocate compensation ...

New York Long Term Incentive Compensation Plan of A.M. Castle and Co.

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How to fill out New York Long Term Incentive Compensation Plan Of A.M. Castle And Co.?

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What is an example of a short term incentive?

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What is a short term incentive plan?

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What is A.M. Castle and Co.'s Long Term Incentive Compensation Plan?

Who is eligible for participation in the Long Term Incentive Compensation Plan?

How does the Long Term Incentive Compensation Plan work?

What are the benefits of participating in the Long Term Incentive Compensation Plan?

How are the rewards determined in the Long Term Incentive Compensation Plan?

Are there any restrictions on the shares received through the Long Term Incentive Compensation Plan?

What happens if an employee leaves A.M. Castle and Co. before the shares fully vest?

Can the Long Term Incentive Compensation Plan be modified or terminated?

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