An announcement from Dayforce Inc (DAY) is now available.
Dayforce, Inc. has launched its 2024 Management Incentive Plan to reward key employees and executives with incentive compensation tied to the company’s financial performance. This includes a mix of cash and stock-based incentives based on achieving goals like cloud recurring revenue, adjusted EBITDA, and sales per employee per month. The plan also involves restricted stock units and performance stock units, with vesting contingent on meeting various strategic financial objectives over a multi-year period. These incentives align management’s interests with shareholders’ by focusing on growth and efficiency, with potential payouts ranging from 0% to over 150%, depending on the level of goal attainment.
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