A/E Bonus & Benefit Plans Publisher: PSMJ Resources, Inc. Date Published: 2021 Number of Pages: 386 Format: PDF Price: $687 SPECIAL BUNDLE OFFER! ADD OUR 2021 COMPENSATION BENCHMARK SURVEY REPORTS FOR THE BEST VALUE! PSMJ's 2021 Management Compensation and 2021 Staff Compensation Benchmark Survey Reports are the perfect companion for this product. Purchase the bundle of all three surveys now to save 25% and get: Looking for a previous year survey to support litigation or other research? For previous versions of PSMJ surveys contact Diane at dconstantine@psmj.com or call (617) 965-0055. |
Executive Summary
How to Benchmark Your Firm
COVID-19
Impact of COVID-19
COVID-19 and Employees’ Well-Being
Employee COVID-19 Safety Agreements
Leadership’s Views on Returning to the Office
Working from Home Post-COVID-19
PART I: BONUS PLANS
Cash and Non-Cash Bonus Plans
Number of Bonus Plans
Types of Cash Bonuses
Performance Bonuses
Cash Bonus Dollar Amounts
Incentive Payments as Percentage of Salary
Types of Non-Cash Bonuses
Bonus Plan Administration
Eligibility
Factors Used to Determine Incentive Payments
Distribution Schedules and Determining Amounts
Waiting Periods
Bonus Plan Ratings
Overall Level of Satisfaction
Fair Level of Reward to Staff
Reward Desired Employee Performance
Plan Motivates Staff
Ease of Administration
Plan Meets Firm's Overall Needs
Level of Satisfaction Analysis
PART II: BENEFIT PLANS
HR Strategies
Overall HR Strategies
Benefits Strategies
Tailoring Benefits
Office Hours, Schedules, and Policies
Office Hours and Flexible Schedules
Working from Home
Children in the Office
Pets in the Office
Company Spirit and Morale
Diversity, Equity, and Inclusion Programs and Initiatives
Employee Feedback
Cell Phones
Employee Internet, Email, and Phone Usage
Overtime Pay
Comp Time
Employee Time Off and Leave
Holidays
Vacation, Sick Time, and PTO
Vacation Leave
Sick Leave
Personal Leave/Paid Time Off (PTO)
Additional Time Off for Managers
Jury Duty
Military Reserve Leave
Bereavement Leave
Maternity Leave
Paternity Leave
Family Leave
Group Insurance, Health, and Wellness
Health Insurance
Life Insurance
Short-Term Disability Insurance
Long-Term Disability Insurance
Dental Insurance
Supplemental Vision Insurance
Pet Insurance
Health and Wellness
Retirement Plans
Retirement Plan Options
Vesting Periods
Employer Contributions to 401(k) Plans
Waiting Period for Retirement Plans
Financial, Legal, and Transportation Benefits
Financial Assistance
Financial and Legal Services
Parking/Transportation Benefits
Training, Education, and Leadership Benefits
Training and Development Programs and Budgets
Tuition Reimbursement/Assistance
Reimbursement for Books and Supplies
Professional Licensing Exams and State Registrations
Other Educational Benefits
Leadership Policies
Management Transition Plans
Employee Performance and Salary Reviews
Employee Performance Reviews
Salary Increases and Compensation Committees
Factors Used to Determine Salary Increases
New Hire Negotiations and Relocation
New Hire Negotiations
Reimbursement for Relocation
Relocation Reimbursement Methods
Reimbursable Relocation Costs
PART III: Turnover
Turnover Rates
Reasons for Staff Turnover
New Hire Turnover
Retention Rates
Exit Interviews
Severance Pay