Manage Market-Based & Performance-Based Long Term Compensation Programs

Long-term Incentive Planning provides organisations the ability to manage market-based and performance-based long term compensation programs. Softscape Apex provides the ability to administer both option and award plans. Plan vesting and lapsing schedules can be established, option prices set and eligibility criteria defined. Administrators can also establish policies for an employee’s exit, whether voluntarily or for cause.

Using a worksheet-like interface, Long Term Incentive administrators will review and approve award grants based on the established criteria. Administrators also have the ability to record exercise of options and to manage employee exit on an exception basis.

Key Features

• Manage market-based and performance-based long term compensation programs
• Administer both option and award plans
• Pre-established effective dates
• Separate plans by business area and job type
• Review and approve award grants based on the established criteria
• Manage long term incentive plans including stock option plans, stock appreciation rights, restricted stocks and phantom stocks
• On-line tracking of proposed changes
• User specific dashboards
• Instant access to critical organisational information
• analyse incentive data by title, performance, and variable pay
• Automatic rollups through organisations
• Easy duplication of plans across companies
• Flexibility to integrate with any HRIS System
• Compensation plans migrated to future years