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The memo stated that, in her view, a “narrowly tailored” stay-or-pay provision must: ;Be fully voluntary;; ;Confer a benefit to the employee (unrelated to mandatory training) in exchange for their formal agreement;; ;Have a reasonable and specific repayment amount that is specified in advance;; ;Seek no more than the employer’s cost for the provided benefit;; ;Have a reasonable “stay” period; the length of this period can vary based on several factors (e.g., the benefit provided to the employee, the benefit’s cost, whether the repayment amount decreases over a defined time, the employee’s income); and; ;Not require repayment if the employer terminates the employee without cause.; To be deemed lawful, such provisions must also advance “a legitimate business interest,” according to Abruzzo.

Building from an articulated compensation philosophy to an efficiently benchmarkable job architecture to pay bands and ranges lends a progressively more reliable view of where you are in the market against where you want to be.; ;Data and process governance.

Rather than view their employees as assets or investments whose performance, engagement and development significantly impact their organization’s growth trajectory and business outcomes, some executives regard their employees as cost centers .

With that said, evergreen provisions are viewed as generally unfriendly to shareholders by major proxy advisors.

“Current total rewards programs, as well as the traditional view of retirement as a single singular date, may no longer align with employee realities,” said Jennifer DeMeo, a managing director and workforce management solutions leader at consulting firm WTW.

Viewing HR through more of a business, financial or operational lens may help shift a more transactional HR function to a strategic one.; ;Fresh perspective.

Once employees view wellness offerings as inauthentic, they can become skeptical of any new initiative the employer launches.

Factors affecting pay mix include the company’s view about the role’s influence, market practices and the application of pay mix among all the sales jobs.

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