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Per the Alexander Group’s benchmarks, 60% base and 40% target incentivepay is the most common mix.

Employers are not permitted to reduce the wages of any employee in order to comply with the law.

New York City’s law, which went into effect Dec. 4 and was recently upheld on appeal, requires companies such as Uber, GrubHub and DoorDash to pay app-based delivery workers $17.96 an hour (rising to $20 per hour in April 2025).

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Tempe, Arizona-based Carvana had more than 21,000 full-time and part-time employees at the end of Dec. 31, as per its latest annual filing.

If it becomes law, Anderson’s proposal stipulates that violations would result in a fine of at least $500 and no more than $10,000 per violation.

How to Measure Success To maximize the impact from your employee referral program, McMullen recommends tracking the following: ;Referral volume (the number of referrals submitted); ;Conversion rates (the percentage of referrals interviewed, hired and retained); ;Time-to-hire (the speed compared to other sourcing channels); ;Cost per hire (the savings generated from reduced reliance on job boards or agencies); ;Retention rates (the employment longevity of referral hires compared to non-referral hires); ;Employee engagement (the participation levels and program feedback); “Remember to keep it simple, make it meaningful and measure what matters — connection and performance,” Yardley said.

EAP services are provided by diverse professionals in multiple formats to suit employees’ needs.

“People are choosing to live the life that best suits them, and they feel more able to do that than past generations.

“Employees need to understand how stock options work in order for them to value them,” Sun said.