Searching Pondering Equity-Based Long-Term Incentive Plans on page 22

Alimentiv, which is based in London, Ontario, has offered experience-based PTO to its U.S. and Canada employees since 2018.

Women’s Soccer Team’s pay equity lawsuit against the U.S.

The rigidity of compensation plans of the past is gone.

One approach you can take is to break down each element of your compensation strategy — whether it's base salary, bonus, equity or benefits — and assign specific objectives to each: ;Base salary for skills and competencies; ;Annual bonus for performance; ;Equity for long-term value creation and retention; ;Benefits for culture.; A scattered approach dilutes focus and efficacy.

This year’s budgeted variable-to-base percentages dropped to: ;13.4% for “other managers”;; ;8.2% for exempt employees; and,; ;5.1% for nonexempt employees.; Canadian respondents are planning for: ;32.4% variable-to-base pay for executives;; ;16.1% for “other managers”;; ;9.8% for exempt employees; and,; ;7.9% for nonexempt employees.; Geographic Data In examining pay at the U.S. geographic level, Kruger explained that variability in projections aligns with regional inflation.

“These sectors rely on workers who are in high demand and can quickly reference going rates for their jobs,” she explained, noting that, historically, the financial sector has been under scrutiny for issues of equity and fairness while at the same time advising clients about good human capital practices to deliver long-term value.

Pay equity is actually too limiting of a term.

You might see more long-term incentives layered into a compensation program, including long-term management by objectives (MBO) measures or equity options that reflect the long-term nature of what you are asking the channel manager to focus on today.

EXECUTIVE COMPENSATION COMPLEXITY Executive compensation contracts are complex because they consist of many, often conceptually distinct elements and conditions, such as a fixed base salary, contingent components (short-term and long-term incentives, conditional-on-performance goals and tenure), benefits (e.g., retirement benefits) and perquisites (e.g., health insurance).

Dynamic Market Influencing Organizational Pay Structure Action Data-Rich Survey on Compensation Programs and Practices Shows Orgs Are Increasing Frequency of Adjusting Pay Structures June 28, 2022 Scottsdale, Arizona — WorldatWork’s 2022 Compensation Programs & Practices Survey reveals that more organizations are adopting a formal base pay structure amid a tight labor market and increasing focus on pay transparency and equity.