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Organizations can use the group they’ve already selected in the 10-K disclosure, a peer group that is used for total benchmarking, or a peer group from a relative total shareholder return plan.

For example, some companies may use a relative total shareholder return (rTSR) measure to drive long-term incentive payouts.

Out of a total of 997 organizations surveyed, 51% indicated they began taking pay equity-related action in the past three years.

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Presenters at Total Rewards’23 cautioned that organizations that aren’t fully transparent about how and why they pay employees will quickly fall behind in the war for talent.

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