 Short-term Incentive → Pay for quarterly achievements These rewards are tied to short-term goals and frequent performance evaluations.  Long-term Incentive → Encourage sense of ownership Long-term incentives like profit-sharing or equity grants create a connection to the organization's success over time.  Short-term Incentive → Pay for complexity of work These are immediate rewards based on task difficulty.  Long-term Incentive → Provide stock options with a vesting schedule Vesting schedules reward employees for staying with the company long-term while aligning with corporate success. Reference: Society for Human Resource Management (SHRM), "Incentive Compensation: Short-term vs Long- term" (2022). WorldatWork, "Equity Compensation and Long-term Incentives" (2021). Chartered Institute of Personnel and Development (CIPD), "Performance-based Compensation" (2023). SHRM, "Guide to Stock Option Plans" (2022). International Labour Organization (ILO), "Compensation Structures and Strategies" (2022).