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Journal Article
08/23/2024
Adjustment considerations to an incentive plan can be put in place at the beginning of the year to take into account certain external factors that may not be directly accounted for in your incentive plan.
Author(s):
Workspan Daily
10/21/2022
Compensation incentives along with perks/non-monetary incentives are an effective short-term strategy to assuage employees’ hesitance to return to the office.;
Many businesses that had grand plans of their employees returning to the office at some point in 2021 were stifled by lingering COVID-19 concerns.
Author(s):
Tools
Delaware
Pay Equity: The Delaware Wage Payment and Collection Act prohibits all employers in the state from pay discrimination based on sex.
Workspan Daily
03/05/2024
Sales incentive plans will need to focus on providing the proper measures for customer success and support.
Author(s):
Workspan Daily
03/03/2022
WorldatWork’s survey also found that 87% of organizations considering pay equity actions in 2022 planned to conduct a pay equity analysis, which Daub noted should be done under attorney-client privilege.
Author(s):
Journal Article
09/13/2021
Pay equity (n) – based on the doctrine that pay should be the same for employees who perform equal jobs but allows for pay variations based on productivity-related factors such as performance, experience and education.
Author(s):
Workspan Daily
12/19/2024
Prevalence of Individual Performance Assessments in Annual Plans To evaluate and reward CEO performance, 52% of companies in the Standards & Poor (S&P) 500 and 50% of the S&P/Toronto Stock Exchange (TSX) 60 incorporate an individual weighting or modifier in their annual incentive plans.
Author(s):
Workspan Magazine
02/05/2025
Fluctuating Market Conditions
Short-term differences between what salary levels would be if based on internal equity versus what they would be if based on external competitiveness are common.
Author(s):
Workspan Daily
04/30/2024
Regularly conduct risk assessments and scenario planning to identify parts of the incentive plan that pose a risk to timelines and develop subsequent mitigation strategies within the incentive plan.; Reactive Steps Consider the following options to reactively handle natural disaster adjustments during incentive processing: Guarantee payments.
Author(s):
Workspan Daily Plus+
02/05/2025
The Heart — Incentives
Most wellness programs depend upon some incentive to entice employees to engage with the program.
Author(s):
