Searching Pondering Equity-Based Long-Term Incentive Plans on page 10

However, pay equity reviews that are based on a point-factor plan require a more rigorous analysis that includes a stronger rationale and a higher level of accuracy.

Workspan Daily article;ERISA at 50: The Evolution of Retirement Benefits , Workspan Daily article;Retirement Plans — Design Considerations & Administration , course; The funded status of the largest corporate defined benefit (DB) pension plans in the United States made modest gains in 2024 despite rising long-term interest rates and substantial gains for the domestic equity market.

However, Colacurcio noted, these internal pay equity analyses must be done more frequently than they have been in the past due to the extreme economic conditions of the past couple years that have no doubt exacerbated pay equity issues.

Typically, the private equity pay model offers lower cash compensation but higher long-term, equity-based compensation.

Long-Term Value Micro HR planning is not just a reaction to current challenges — it serves as a proactive tool for aligning workforce strategies with long-term business objectives.

Toward the latter, bonuses should not be biased based on protected characteristics such as gender, national origin, age, race, religion, pregnancy, disability or genetic information, but they can be based on non-protected characteristics such as job classification, tenure, contribution, merit production, education, training or experience.

Choice Program Letting employees choose the equity mix By allowing bespoke cash-to-equity mixes, plans may be tailored to both “blockbusters” and “indies.”

The legislation also permanently exempts vaccine incentives provided during a public health emergency from the definition of “compensation,” including both monetary and nonmonetary incentives, such as additional paid time off.

The Journal of Total Rewards First Quarter 2023 | Volume 32 | No. 1 In this issue: retiree knowledge transfer, Ohio workers’ comp pilot, more ESG metrics in executive comp, long-term care and CalPERS, employee trust for benefits Cover Story Journal of Total Rewards Article Tapping into Retirees to Bolster Knowledge Transfer The knowledge transfer between retirees and their remaining employees offers a unique opportunity to retain knowledge.

There are many effective forms of LTIs that family businesses can choose from: ;Real equity is suitable for companies willing to share ownership with non-family executives.; ;Phantom equity mimics equity value growth without conferring actual ownership.; ;Stock appreciation rights (SARs) provide cash or equivalent payouts tied to growth in company valuation.; ;Long-term cash plans deliver performance-based payouts over multi-year periods without equity dilution.; Whichever LTI plan design is selected, the board must evaluate plan objectives and assess how well the plan aligns with business strategy and company culture.