Searching Workplace Equity on page 43

The spike in fair value equity grants observed during the pandemic has receded, suggesting boards are less reliant on retention-driven pay adjustments and are focusing instead on addressing issues through core program design refinements.

Thousands of companies have made diversity, equity (including gender equity) and inclusion a key element of their organizational talent strategy, giving working women additional leverage to prioritize benefits.

It’s important for practitioners to verify any salary range suggested by AI, to ensure that the range is something the employer can afford and does not cause internal equity issues.

;Determining equity award values based on the change in fair value for the year for both outstanding and vested equity (rather than at the date granted per the SCT).; When developing compensation actually paid for stock options, following the approach specified in the rule, a lattice model that bases future exercise and settlement expectations on the moneyness level of the option — instead of a time-based expected term — will be the best method in most cases, said O’Connor.

When making these key decisions, it is best to take a holistic approach that balances market factors, a company’s strategic initiatives and existing internal pay equity and structure.

THEN, PAY WAS LINKED TO STOCK PRICES The second performance pay solution was to pay executives in corporate equity, preferably leveraged in the form of stock options.

Commonly Used HR Metrics Average salary/wage;Compa-ratios (comparison of pay to a salary range midpoint);Count of employees per segment (hourly, non-exempt, professional, management);Average performance ratings (latest cycle);Average annual pay rise granted for each performance rating;Count and average of promotional and “equity” increases;Voluntary turnover (employees who decided to leave);Average employee age and length of service; We could go on and on, but you get the point.

Do you have a plan to address not only pay equity, but also career equity?

Access a related Workspan Daily article on this subject: DOL Proposes Rule on Valuing Employer Stock Purchased, Sold by ESOPs; Access a bonus Workspan Daily Plus+ article on this subject: ;The Equity Alternative: Rewarding Employees Without Traditional Stock; Employee stock ownership plans, or ESOPs , are an alternative that is sparking growing interest and exploration as a succession plan, particularly by closely held or middle-market businesses for whom other ownership transition options may not be feasible.

Picking up skills and experience, mostly in total rewards across various Canadian- based banks, her career led her back to BMO Financial Group in late 2019 in the role of chief inclusion officer, leading the bank’s diversity, equity and inclusion strategy.