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Hartstein said that granting various types of benefits, equity, bonuses or other compensation plans may create opportunities to also protect the organization’s interests in these areas, or make changes to existing agreements to keep up with legal changes.

TR must map various employment types, ensure equity and extend benefits accordingly.

Investors often maintain a combination of these two types of contracts to minimize risks and maximize opportunities for returns from financial investments.

Once they know the average pay amount, each company can adopt a competitive posture fitting the desired type of employee.

.; As new research shows that younger people are increasingly being diagnosed with certain types of cancer, health experts say the push to include screenings at younger ages in employers’ healthcare offerings can have multiple benefits.

LIMRA’s Workplace Benefits Distribution Trends study reveals the type of changes employers have made to manage costs and/or reduce the use of internal resources.

Although there is a recognition that any relationship will be affected by the scope, type and degree of ownership, there seems to be a general acceptance of the premise that employees will act more like owners if they are owners themselves.

He defined the three main types of pay transparency: ;Pay process (i.e., explaining the practices of pay); ;Pay communication (i.e., allowing discussion among employees regarding pay); ;Outcomes (i.e., sharing actual or summarized pay outcomes with employees) (Bamberger 2023).; On the one hand, some laws require only one form (e.g., requiring pay ranges on postings is a form of outcome transparency); on the other hand, the types of transparency are interrelated.

To prepare, we encourage you to first take one of our three practice exams ( Practice Exam A , Practice Exam B or Practice Exam C ).These three exams present unique sets of questions covering the type of content tested in the certification exam; they provide low-risk, low-cost ways to prepare yourself and to gain experience with the kinds of questions you can expect, as well as the test-taking format.

Because these types of projects are mostly concerned with reducing the legal risk exposure, they avoid obtaining — let alone communicating — broader insights that can help improve the compensation system for increased pay fairness.