Abstract
In order to be competitive in the market, a company must fight not
only for customers but also for the best employees available in the market
who can ensure adequate competitive advantage. To attract and retain such
employees, a company must provide them with high remuneration and a wide
range of fringe benefits. These incentives, however, are expensive and do not
guarantee that employees will not leave to join a competitive company, which
will offer them better conditions of employment. For this reason, companies
are looking for new incentive systems that will retain the best employees in
a given company. Such opportunities are provided by Long-Term Incentive
Plans (LTIPs). Such plans are advantageous enough and it seems natural to
use them in companies. The aim of this paper is to demonstrate the application
of LTIPs in Polish public companies. To that end, the WIG20 companies
have been used. The paper also examines the extent to which LTIPs are
offered to members of the supervisory boards, measured by the share of their
LTIP benefits in their total remuneration.