Searching Pondering Equity-Based Long-Term Incentive Plans on page 60

Communication regarding ESG decisions and priorities can be made that reflects this tailored analysis.; Finally, as we have discussed in a previous article , including ESG measures in incentive plans may be an effective way to focus management attention on a mission-critical measure that requires concerted effort and resources.

Recognizing this, plan sponsors, consultants and financial institutions are exploring innovative strategies to integrate effective income solutions into DC plans.

For instance, each of the following were listed as a prime strategy: National market-based pay structure;Geographically adjusted market-based pay structure;A subsection of market-based structure; ; To prepare for expanding pay transparency trends both nationally and globally , employers are assessing compensation structures and conducting pay equity studies — 38% of respondents in Mercer’s survey reported they conduct such studies annually, while 25% of respondents reported they conduct such studies but on a less frequent basis.

Furthermore, as shown in Figure 2, while only 2% of respondents in the WorldatWork sample reported sharing information about long-term incentives with current employees, over 20% reported sharing such information with candidates during the selection process.

This paradox between long-term positive benefits and short-term pain of pay range transparency illustrates why many organizations are likely waiting to act.

Equity Plans We have observed some headwinds for equity plan share requests.

“They’re leaning into long-term compensation strategy, not just reacting to short-term pressure.”

“Increasingly, our clients are looking not only at planning for capacity issues (staffing shortages, etc.) but also how skills are evolving over time, and what skills they will need — and when — based on longer-term organizational planning timelines,” Lamm said.

For WorldatWork Members Making Your Rewards Total Through Equity , Workspan Magazine article;Five Emerging Workplace Trends Affecting the Employee Experience , Journal of Total Rewards article;DEI Priorities Quick Poll , research;Trends in DEI Practices and Policies , research; For Everyone Equity Remains Pivotal for HR, Organizations and the Workforce , Workspan Daily article;ESG and DEI Remain Fundamental — Even if Compensation Ties are Cut , Workspan Daily article;Racial Wage Gap Narrows, But More Work Needed , Workspan Daily article;HCM and DEI Reporting: What Investors, Managers and Employees Should Know , on-demand webinar; Diversity, equity and inclusion (DEI) programs are a popular — and leading — practice of many organizations, and a core focus/driver of many human resources and total rewards professionals.

All eligible employees now receive a company contribution to their 401(k) accounts, and employee contributions to the plan have increased by 63%, on average.