Employers plan to strengthen link between performance, pay
plan to alter their executive pay programs this year to strengthen the link between pay and performance, according to a new survey by Towers Watson, a global professional services company.
By Amanda McGrory-Dixon|November 09, 2012 at 04:17 AM
Thank you for sharing!
Your article was successfully shared with the contacts you provided.
About half of employers (45 percent) plan to alter their executive pay programs this year to strengthen the link between pay and performance, according to a new survey by Towers Watson, a global professional services company.
Another 55 percent of respondents are introducing or sharpening the focus on performance-based equity, and 50 percent of respondents are modifying metrics that determine incentive payouts. Although these changes are being implemented, only 2 percent of respondents report that they did not attain majority shareholder support regarding their most current say-on-pay votes.
Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.
Your access to unlimited BenefitsPRO.com content isn’t changing. Once you are an ALM digital member, you’ll receive:
Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
It’s no secret that health benefits have struggled to keep up with workforce expectations during the Great Resignation. Remaining competitive means employers must streamline their health benefits, put employees first and deliver on brand values. Download this guide to help your clients gain an edge in 2022 with their health benefits.
Amid mass resignations and record-high job openings, employees are now firmly in the driver’s seat when it comes to where and how they work. So, how are you going to stand out in this highly competitive market? This guide outlines a forward-thinking health benefits strategy that will ensure your company remains competitive in 2022 and beyond.
Millennials and Gen Z value tobacco and nicotine cessation more than ever before, but quit programs must adapt to their evolving needs. New research indicates successful quit programs have three key facets. Download this interactive ebook to learn how to set your company apart with an effective quit services benefit.