Clients of compensation planning firm, Equatex, and Aon will get access to new share tracking services as a result of a partnership, enabling employee participants in performance-based long-term incentive plans (LTIPs) to monitor their holdings in real time. For example, employees with LTIPs will be able to see the impact of their company’s current share performance on the value of their portfolio at any time.
Aon partner and global practice leader, Terry Adamson, said:
‘Given the complexities of performance grants, it is imperative that companies create transparency on the award’s design and ongoing performance to help participants appreciate and earn the award.’