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LTI |
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However, although only launched in 2002, the TXII was already beginning to show signs of age in the clean city environment that is nowadays so high on the political agenda, leading to its manufacturers, LTI (London Taxis International) Vehicles, the UK's largest indigenous vehicle manufacturer, to develop a new model. The breakdown of total compensation is tilting away from the LTI component. What has changed is that a majority of technology firms now provide a portfolio of at least two long-term incentive awards (stock options, restricted stock, and performance-based plans) as firms realize the benefits of having part of LTI compensation de-leveraged from stock price (as options are tied directly to stock price). |
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