Changes in incentive plans underway ...

Seventy-one percent of large employers are planning to revise their compensation plans. "Of the more than 115 large employers Hewitt (Associates) questioned, 35% are limiting the number of employees eligible for long-term incentive plans. Nearly half of companies are shifting a portion of their long-term incentive mix from stock options to restricted stock, and 33% are adding performance shares or unit-based plans, the survey indicates." Changes in compensation plans are being triggered by tax changes. See Changes in incentive plans underway in Employee Benefits News.