Searching Pondering Equity-Based Long-Term Incentive Plans on page 43

Japan Wage Hikes Detailed in ‘New Capitalism’ Plan The world’s third-largest economy plans to unveil a series of labor market reforms this summer as part of a wide-ranging investment in human capital, according to Reuters .

This was among the main findings in WorldatWork’s “ 2021 Total Rewards Inventory Programs & Practices ” survey, which found that market-based adjustments (not COLA) are rising to pre-pandemic levels and, similarly, hazard/call-in pay are beginning to level back down.

Stability and Agility According to Sarah King, NACD’s senior project manager, their report highlighted that stability is baked into director compensation programs, which do not have the same type of short- and long-term incentive programs found in executive compensation — and that can lead to variability in outcomes.

;Innovation metrics are appropriately balanced among: –1) Leading and lagging drivers of performance – 2) Hard (e.g., financial results) and soft (e.g., behaviors, perceptions) metrics – 3) Process, product and service innovation metrics – 4) Short-term and long-term objectives – 5) Individual, team and corporate objectives.

“I absolutely think mental illness is under-reported in communities of color,” said Vikki Walton, health equity leader at Mercer's Health Equity Center of Excellence.

Digital tools and platforms based on artificial intelligence (AI) can now deliver tailored retirement income and budget planning, helping employees see how to match income to expenses, plan for health costs and optimize distribution strategies.

Trends in DEI Practices and Policies This report summarizes the results of a June 2021 WorldatWork survey gathering information about diversity, equity and inclusion (DEI) initiatives.

Implementation of a DEIA plan that includes voluntary representation goals or, for companies that are federal contractors, affirmative action plan goals, coupled with specific strategies for attracting, retaining and advancing diverse talent.

This comes as no surprise, as a short list for determining the company-selected measure was to review those used in company executive incentive plans, which tend to rely heavily on profit or income, especially in annual incentive plans.

For WorldatWork Members ;How to Leverage Skills Testing for Total Rewards Success , Workspan Daily Plus+ article; ;A Step-by-Step Guide to One Skills-Based Org Lever TR Can Pull , Workspan Daily Plus+ article; ;AI and the Skills Evolution: Where the Total Rewards Function Fits In , Workspan Daily Plus+ article; ;How to Incorporate Skills into Rewards and Recognition , Workspan Daily Plus+ article; ;Compensation Philosophy Guide , tool; Workplace advancements have long been fueled by new processes, technologies and methodologies that require the development of new skills.