Searching Pondering Equity-Based Long-Term Incentive Plans on page 69

This report adopts a definition of nontraditional work that is based on arrangements between workers and the individual or company that pays them.

“Such ‘promotions’ can offer a practical, short-term solution, with the emphasis on short-term, especially when the workflows surge and the budgets are tight,” he explained.

According to Julie Stich, vice president of content at the International Foundation of Employee Benefit Plans (IFEBP), employers/plan sponsors should: ;Review all new plans that were established after Dec. 29, 2022, to ensure compliance with automatic enrollment and escalation rules.; ;Update plan documents to reflect the new requirements.; ;Communicate the automatic features to employees, including opt-out options and investment choices.; Baker Donelson’s Robinson noted employers should take extra care to review their plan administration to ensure compliance with the new 2025 requirements of SECURE 2.0.

The IRS recently announced it increased the health savings account (HSA) contribution limit for 2025 to $4,300 for self-only coverage (up from $4,150 in 2024) and $8,550 for family plans (up from $8,300 in 2024).

AI-driven prompts are helping organizations tackle long-standing challenges around bias and equity, ensuring that recognition is fair, timely and consistently applied.

The number of long-term unemployed (those jobless for 27 weeks or more) changed little at 1.9 million but has increased by 385,000 over the year.

Commonly Misunderstood Compensation Terms At market;Compa-ratio;Competency levels;Market-based;Market median;Market reference point;Minimum/midpoint/maximum;Percentiles;Salary grade;Salary index;Salary range; Do a Test Run Tom McMullen, senior client partner with Korn Ferry, is a proponent of pilot-testing compensation communications.

Put in an incentive plan (a.k.a. pay them more ... but on a variable basis!)

Ensure you understand the long-term consequences you may face based on how you utilize the program.

ESAs provide short-term cash that may help protect long-term savings in retirement accounts.