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Workspan Daily article; Financial services company Goldman Sachs Ayco recently analyzed the benefits and compensation offerings at more than 400 client companies and found those respondents are increasingly allowing employees to convert paid time off (PTO) into an equitable cash value directly applied toward: ;Student loan payments; ;401(k) accounts; ;Health savings accounts (HSAs); ;Charitable contributions, including donating time to other employees; ;529 plan contributions; ;Monetary payouts; In addition, the Goldman Sachs Ayco report showed more than 25% of these companies have a PTO purchase program, which allows employees to buy and sell their vacation days.

There is the fiduciary duty to analyze whether or not to offer the option of private funds to your plan participants but then also the fiduciary duty of making sure your plan participants are protected, informed and understand how the investments work and who the fund sponsors are.”

.; ;Regularly analyze your pay structures and salary ranges to ensure they’re fair, honest and aligned with external data, and be prepared to explain and defend them.

While AI can quickly conduct research and analyze data, Vaillancourt said it falls short at parsing nuance, applying judgment or zeroing in on what matters most.

Analyzing 1,070 public companies across 18 markets, the data found up to 81% of global organizations now tie executive compensation to people-related metrics, such as employee retention and turnover.

For example, it’s essential to be able to analyze annual sales rep performance and pay data to help evaluate how the current plan is performing and where potential areas are for improvement.

If the NLRB continues to take the approach of the previous GC, Murguia said employers should analyze their stay-or-pay agreements in several ways to determine their legal implementation and enforcement: ;Ensure the agreement is voluntarily entered in exchange for a benefit.; ;Ensure the repayment amount must be reasonable (i.e., no more than what the employer spent on providing the benefit).; ;Ensure the “stay” period must be reasonable in light of the cost of the benefit, the value to the employee, whether the repayment amount decreases over the course of the stay period and the employee’s income.; ;Ensure the repayment will not be required if the employee is terminated without cause.; “Additionally, certain organizations that have noncompliant agreements should be prepared to pay financial remedies to make any individual employee ‘whole,’” Murguia said.

Standard periods to analyze data include monthly, quarterly and semiannually.

At its core, it employs techniques from [natural language processing] and machine learning to analyze the language used in existing job postings, and has the ability to generate new ones that are optimized for specific roles and industries.”

The WTW Global Executive Compensation Analytics Team (GECAT) analyzed CEO pay trends across the S&P 1500.