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As shown in Figure 2, the spread between median and average earned pay is consistently wider than what we’ve seen compared to TTDC, reflecting the influence of program design, market timing, stock price sensitivity and broader performance dispersion across sectors.

Re-Examine Your Pay Ranges; To Offer or Not to Offer Compensation professionals exploring this question — and ways to keep lump-sum merit replacements equitable — in a WorldatWork Engage forum post shared various insights: ;“We move our ranges every year, say 2%, so even an employee who was at the top of the range will get a 2% base pay increase,” said Ken McLean, a senior compensation analyst at Newport News, Va.

One group of participants (single-measure-compensation participants) received a bonus based on the creature’s ability to sing: they received an additional $2 per level of “sing ability.”

Travel- and Security-Related Perks According to WTW research, personal use of corporate aircraft is the most prevalent executive perk, with 46% of companies providing this benefit to CEOs in 2023 and 31% offering it to other NEOs (see Figure 2).

OECD Journal: Financial Market Trends 2013(2): 93-114.

Viewed: Jan. 2, 2025.

Driving Strategic Priorities Method Example Pro Tip Product-specific rates Provide a 2% commission rate for core products and a 4% commission rate for strategic products.

Pay Range Overlap (%)=Max(Range 1 Max, Range 2 Max) - Min(Range 1 Min, Range 2 Min)Min(Range 1 Max, Range 2 Max) - Max(Range 1 Min, Range 2 Min)​×100 Min (Range 1 Max, Range 2 Max): The lower of the two maximums.

;Step 2: Model the compensation plans under various performance scenarios to ensure the new plans fall within the commission budget.

While a headline-grabber across industries, this is particularly and primarily impactful for companies involved with: ;Beverage and food services; ;Entertainment and events; ;Hospitality and guest services; ;Home services; ;Personal services; ;Personal appearance and wellness; ;Recreation and instruction; ;Transportation and delivery; The conversation (on social media and perhaps, based on your industry, in corporate/department/team meetings) will undoubtedly pick up speed now that the Department of the Treasury, on Tuesday, Sept. 2, made public a “preliminary list” of occupations that, based on their historical tipped status, would be eligible for the tax-savings benefit.