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Dictionary by pitch.dog
Performance, pay & rewards · Core

Cliff vesting

Also called: vesting cliff

ELI5

Vesting that begins with a substantial first tranche after a set period.

Used in conversation

“The announcement should not get ahead of the agreed process for cliff vesting.”

Pitch context

You will see “Cliff vesting” in organisation plans, workforce reviews, change programmes and people reports when the discussion reaches performance, pay & rewards.

Why it matters: In performance, pay & rewards, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Connected terms

  • CliffThe search label “vesting cliff” can route to both entries.
When the words have to travel

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Sources & evidence · 2

Direct term-level sources and supporting source families.