As a result, they need to be flexible and adaptable as well. The components of our compensation programs vary across our regions and affiliate companies, as each affiliate customizes performance targets and compensation structures to suit its specific business goals. At the same time, we have general guidelines to ensure equity across our diverse businesses, and facilitate the movement of talent from one organization to another. Our salaries are continually benchmarked against 50 other high-quality growth companies to ensure we remain competitive in the search for top talent. An annual cash incentive may be paid each year based on individual performance and, in some cases, affiliate performance.
Many global firms rely on cash bonuses to supplement an employee's salary.
This allows our employees to have an equity position in the company, with the opportunity for capital appreciation through stock price growth. In order to retain our top talent, we award stock options to eligible high-performing people with the potential to make significant contributions to our business in the future. Stock options do not pay out income when they are granted. Income opportunities are linked to future performance of the company. We recognize extraordinary efforts that have a positive impact on our business through our extensive awards and recognition programs, which may apply for individuals or teams.