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The basic skills required for the successful deployment of HR analytics are data analyses, multivariate models, root cause analysis, research design, survey design and quantitative data collection and analysis.

Employers should consult with legal counsel when designing incentive compensation strategies to ensure compliance with Section 409A of the Internal Revenue Code.; After the sale or merger of a company is announced, it can take months before the transaction closes.

WTW’s Brough said the majority of IPPs and ISPs are set up as trust structures domiciled in secure offshore centers and provide regional or global coverage.

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For instance, if it’s critical to attract highly specialized or executive-level talent, you can intentionally set compensation packages near the upper quartile of industry benchmarks to more clearly communicate your company’s commitment to securing top talent.

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“Employers can set defined budgets, work with specialized partners and still provide meaningful access to care that was once out of reach for many,” Farnsworth said, adding that, as with any health benefit, thoughtful design and strong clinical standards are key to responsibly managing costs.

Facebook might be the most high-profile example of the tricky nature of setting compensation for workers performing similar jobs in different locations.

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