Searching Pondering Equity-Based Long-Term Incentive Plans on page 73

“Employees are typically presented with a large volume of benefits and incentives, which can be overwhelming,” she said.

The most common voluntary or supplemental benefits, according to that report, include: ;Accident insurance (offered by 75% of surveyed employers); ;Critical illness (70%); ;Hospital indemnity (59%); Other common offerings include: ;Employee perks or discount programs (51%); ;Cancer care insurance (40%); ;Identity theft protection (39%); ;Legal plans (38%); ;Pet insurance (33%); ;Long-term care insurance (28%); Vision and dental insurance are sometimes offered on a voluntary basis as well.

But the plan needs more — it must always include an assessment of the critical incident’s emotional and mental effect on employees and an action plan to reassure them that they are valued.

There are opportunities for employers to talk about the things that can help mitigate those effects — career development, long-term salary growth, stability within the organization if that’s one of your models, and financial well-being over the long term for retirement.”

Other types of supplemental plans that could potentially qualify for the safe harbor exemption include: ;Life insurance; ;Dental or vision insurance; ;Disability insurance (short-term and long-term); ;Long-term care insurance; ;Legal assistance programs; The Four Safe Harbor Requirements ERISA’s safe harbor requirements, codified in 29 CFR § 2510.3-1(j) , require that all four of the following criteria be met for the exclusion to apply.

In that case, the stop-loss policy may laser claims related to that disease but not claims for unrelated issues like a broken bone.; ;Limited term: Less common than the others, this laser is typically used when the medical underwriting suggests the high-cost claims for an individual are likely to be temporary rather than a long-term chronic issue.

Among those that have issued a pay equity narrative, 72% have adopted a global perspective, addressing pay equity across the entire organization, although they often allow for local or regional differences within this narrative.

; Paws for Well-Being Mental health professionals have long espoused the value of pets in reducing stress and depression in their clients.

Similarly, Salary.com’s purchase of CompXL (an enterprise compensation planning software) folded a robust merit cycle and incentive management capability into Salary.com’s compensation data platform.

HR analytics generates reports on key performance indicators (KPIs), predicts short- and long-term workforce trends and their impact on business performance, and builds strategic capability for implementing an action plan.