Searching Pondering Equity-Based Long-Term Incentive Plans on page 80

For WorldatWork Members Voluntary Benefits’ Value Is Based on Integration into TR Package , Workspan Daily Plus+ article;ERISA Safe Harbor: The 4 Rules for Voluntary Benefits , Workspan Daily Plus+ article;5 Ways You Can Reduce Workers’ Open Enrollment Regret , Workspan Daily Plus+ article;Total Compensation Statement Builder , tool;Total Rewards Inventory Checklist , tool;Total Rewards Inventory of Programs & Practices , research; HR professionals are well acquainted with the challenges of promoting high-deductible health plans (HDHPs) to their company’s U.S. employees.

Salaried employees will receive an annual bonus, based on Target’s performance and the eligible amount set as part of their compensation.

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.

EBSA oversees activities related to the Employee Retirement Income Security Act (ERISA), including administration of 401(k) plans and self-insured employer health plans.

Access a related Workspan Daily article on this subject: Organizations Are on the Skills Bandwagon; How TR Can Drive It; Access bonus Workspan Daily Plus+ content on this subject: A Step-by-Step Guide to One Skills-Based Org Lever TR Can Pull; As more employers focus on skills-based hiring and pay models, total rewards professionals can support those efforts by helping employees curate their career portfolios through skills alignment and diverse growth experiences.

Mercer research showed that strategic workforce planning was one of HR’s top five people priorities for 2025 , so there is an opportunity for leaders to embrace skills as the currency of work to improve short- and long-term planning.

Sometimes providing a low-quality health insurance plan to employees can lead to greater costs to a company in the long run in terms of lowered employee productivity.

When sales incentive plans go awry, the results may impact the budget as well as employee engagement and motivation.

From Audible’s set of physical, mental and financial well-being principles to Hilton’s organizationwide “Courageous Conversations” that encourage belonging, data can help fuel a total rewards strategy based on broader employee needs and culture strengths.

SPM includes sales incentive compensation administration, sales compensation plan design, quota planning, and sales territory optimization, as well as reporting, analytics, and workflow capabilities.