Deferred income payment

    Deferred income payments are a form of payment that a company may offer to an employee as part of a package. Employers will often use this type of arrangement when the need to hire a new employee is necessary but not urgent, such as in a temporary period when the need for the service provided by the employee is not immediate. Often, these packages will include one or more other types of incentives, such as commissions or bonuses. Many companies use deferred income payments in conjunction with stock options because they believe this motivates employees to work harder and increase company profits.

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