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Every business needs an executive compensation and incentive program that rewards leaders who deliver desired results. An incentive pay structure is a valuable component of the total rewards package that a business can use to retain and motivate its leaders and key employees. These plans tend to focus on long-term incentives that align employee goals to that of the owners—specifically, contributing to the growth of the business. In this overview, see how different compensation alternatives can help you create the right strategy for your business.

College graduation is an exciting event, but it can be filled with uncertainty with the start of a job that brings new responsibilities and decisions. To help with the transition, it's time to plan your financial future. To get started, here are helpful tips on budgeting and spending money wisely, checking your credit score, saving for retirement, understanding your company’s benefits, monitoring and protecting your online activity (both financials and social posts), building your business skills, and more.

Understanding the nuances between retirement plans can be challenging. This Quick Reference Guide to Retirement Plans compares and contrasts features such as account establishment, account contributions, and accessibility.

At the current rate of progress, a young woman starting her career today will be working for more than a quarter of a century before she can expect to work at a mid-market firm with gender parity in top roles. While understanding that gender diversity is a fuel for potential growth that brings benefits to the bottom line, many businesses often lack a clear purpose behind their gender equality strategies at the risk of another missed generation of opportunities. This year’s Women in Business research gives reason for optimism and there is a great deal to learn.

Being a fiduciary for your organization’s retirement plan doesn’t have to be complicated or overwhelming. However, it does require careful oversight to mitigate risk and help participants meet their retirement goals. With the use of this checklist that should be reviewed on an annual basis, employers can better manage their retirement plan responsibilities.

Compensation plans are a key part of any business. Using the national and regional data as average percentages of payroll, this guide can assist you with your 2025 compensation plans. As you review the information, helpful definitions are provided for your reference: general increase/COLA, merit increase, other increases, total salary increase budget, salary structure adjustment, and variable pay.

Affordability, vitality, resiliency, and employee wellbeing are the key areas of focus when it comes to employee benefits in 2025. With this outlook, see how organizations will embrace innovative strategies as the cost of healthcare benefits—driven largely by skyrocketing pharmaceutical prices—will continue to pressure employers who are committed to maintaining these and other benefits. In addition, employers are enhancing benefits to improve mental health and employee wellbeing.

The myriad of challenges in 2024 significantly impacted operations, budgeting, and workforce management for all organizations in 2025. Leveraging strategic solutions will be essential for optimizing benefits, controlling costs, and supporting employees’ overall well-being in 2025.