Searching California Law Could Be Tipping P on page 48

WTW’s Global Executive Compensation Analytics Team (GECAT) explored promotions among S&P 100 companies since 2020 to identify typical practices followed when promoting a new CEO from within the existing executive team.

Even when the salary itself closely aligns with competitors, strategically designed packages can often tip the scales in your favor.

However, employers should be cognizant of statutory paid sick and safe time or mandatory paid-leave laws that could interfere with such an approach, they added.

This could include having an employee assistance program (EAP) that has robust counseling and referral resources to give veterans a trusted place to turn for help.

Kopplin, a shareholder at Ogletree Deakins law firm.

“Pay equity laws require employers to conduct a good faith audit of their pay practices and address any identified pay issues within a reasonable timeframe,” said Liz Bernaiche, regional compensation practice leader, OneDigital New England.

While a number of valuation methods exist, a private company considering a long-term equity-based incentive plan should be aware that company valuations can be costly and must generally be completed annually to ensure compliance with the various tax laws, including section 409A.

The report assigns companies to one of five size categories based on revenue: micro ($50 million to $500 million in revenue), small ($500 million to $1 billion in revenue), medium ($1 billion to $2.5 billion in revenue), large ($2.5 billion to $10 billion in revenue) and top 200 (200 largest companies in the S&P 500, based on revenue).

For WorldatWork Members ;TR Is Key to Successfully Integrating AI and Work , Journal of Total Rewards article; ;AI Copilots: Improving the HR Experience for Employees , Journal of Total Rewards article; ;Internal Talent Marketplaces Get a Boost from AI , Workspan Magazine article; ;Easy AI Tips to Improve Benefits Communications , Workspan Daily Plus+ article; For Everyone ;How Artificial Intelligence Risks Directly Apply to Total Rewards , Workspan Daily article; ;Incorporate AI to Personalize Financial Well-Being Benefits , Workspan Daily article; ;How AI Is Transforming the Total Rewards Landscape , Workspan Daily article; ;Total Rewards ’25 , conference; NEW!

“Comply with laws and regulations.”