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Workspan Issue
Cover Story
Workspan Magazine
Progress on Pay Equity - How Long is the Road Ahead?
Workspan Daily
08/08/2024
“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.
Author(s):
Journal Article
06/02/2023
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).
Author(s):
Tools
Total Cash Compensation = Base Compensation + Incentive Compensation
Compensation - Total Direct Compensation (TDC)
Total annual cash compensation (base salary and annual incentives/bonuses) plus theannualized value of long-term incentives.
Workspan Daily
07/11/2024
Create Better Alignment The behavioral preference of retirees to view their assets in terms of periodic income flows rather than aggregate sums supports the importance of primarily communicating and educating DC plan participants about retirement income projections.
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Journal Article
11/14/2024
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.
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Workspan Daily
06/21/2023
;Short-term and long-term benefits.
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Workspan Magazine
06/13/2024
Pay equity is actually too limiting of a term.
Author(s):
Workspan Daily
03/12/2026
Incentives should be:
;Clearly linked to enterprise key performance indicators (KPIs);
;Balanced between short- and long-term performance;
;Supported by measurable and auditable metrics;
;Structured to avoid excessive risk-taking;
The governance overlay is no longer optional.
Author(s):
Workspan Daily
09/23/2024
Also, according to Myers, investors largely prefer performance-based incentives vs. time-based awards and will look with a skeptical eye at situations that appear to be “shifting the goalposts” in the middle of the game.
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