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EXPERT OPINION
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We can see that Kazakhstan market practices
It is important to note that the process for
for top management and Board members’
developing LTIPs in Kazakhstan
involves
certain
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legal, taxation, and accounting issues, as well
as HR challenges. The latter include conformity
of LTIP swith market practice, specifically the
level and competitiveness of remuneration,
motivational outcomes of the program, and
the meeting of management and shareholders’
expectations.
remuneration are at an early stage of
development. These issues will be critical for
Kazakhstan companies that intend to achieve
long-term objectives and follow international
HR practices.
Executive remuneration: what next?, EY UK Report, December 2016
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supported by EUROBAK
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