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The column could be made more specific to note the type of plan: sales compensation, team award only or company bonus plan.

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The percentage of people categorized as knowledge workers has dramatically increased, as has the dependence of organizations on this type of worker ( Heath 2017).

More notably, Figure 3 shows payout distributions as a percentage of target aligns closely with the bucketed rankings of one-year company performance against proxies for the most prevalent financial metrics.

; Analysis of Pay Benchmarks Standard tests in Canada, which are intended to ensure that “female” and “male” jobs within a grade are paid similarly, suggest a way to prioritize jobs that should be reviewed: Each job within a grade is classified as female (>60% female), male (>60% male) or neutral, and all female jobs paid less (on average) than the lowest paid male job are reviewed ( Lockton 2021).

Investment in professional development is similarly widespread, with 84% offering formal learning opportunities and 78% providing coaching and mentoring, 3 reflecting the vast scope and scale of rewards portfolios today.

The company wants certain types of customers, with certain types of margins buying certain types of products.

However, those figures do not include a one-time cost of $60 million to $80 million to pay out severance and other benefits to impacted workers.

And, while we expect more people to return to some office-type working arrangement, it will not be like it was.

The response from employees was swift: Within two months, 60% had used the company’s ITM and 80% had recommended it to colleagues.