Backsenttor's comment on T7GLOBAL. All Comments
Backsenttor
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Proposal of LTIP (Long-Term Incentive Plan). Great way to appreciate the employees who contributed to the company's growth
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Donovan Ting
Is LTIP similar to ESOS?
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Backsenttor
They are different, but their goals are the same, primarily to attract, retain and motivate employees. The rewards under an LTIP can come in different forms like stock options (ESOS), restricted stock units (RSUs), performance shares, and deferred cash bonuses, but ESOS is usually only stock options
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Edmond Khor
quite rare to see local company do this
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Backsenttor
Actually is quite common and TNB has implemented this practice before
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