Employee compensation in the United States

Voya enhances retirement plan participant website experience

Retrieved on: 
Monday, June 14, 2021

Voya Financial, Inc. (NYSE: VOYA), announced today enhancements to its retirement plan participant website, providing individuals with an intuitive, accessible and more streamlined experience that makes it easier to both monitor and manage savings to ultimately improve retirement outcomes.

Key Points: 
  • Voya Financial, Inc. (NYSE: VOYA), announced today enhancements to its retirement plan participant website, providing individuals with an intuitive, accessible and more streamlined experience that makes it easier to both monitor and manage savings to ultimately improve retirement outcomes.
  • The latest changes to Voyas participant experience are driven by both participant feedback and insights derived from behavioral finance research through the Voya Behavioral Finance Institute for Innovation .
  • In addition to the retirement plan experience, Voya is also making enhancements to its nonqualified deferred compensation (NQDC) participant experience leveraging similar insights and capabilities to drive greater engagement and outcomes.
  • The enhancements to Voyas participant website experience build on the companys continued digital focus that help improve the financial wellness of all Americans with more enhancements planned for its plan sponsor and NQDC participant website experiences coming in 2021.

Bank Compensation Survey Results: Findings Released

Retrieved on: 
Tuesday, June 8, 2021

Brentwood, Tennessee, June 08, 2021 (GLOBE NEWSWIRE) -- Despite a challenging year for the U.S. economy, most banks increased pay and expanded benefits during the pandemic, according to Bank Directors 2021 Compensation Survey , sponsored by Newcleus Compensation Advisors.

Key Points: 
  • Brentwood, Tennessee, June 08, 2021 (GLOBE NEWSWIRE) -- Despite a challenging year for the U.S. economy, most banks increased pay and expanded benefits during the pandemic, according to Bank Directors 2021 Compensation Survey , sponsored by Newcleus Compensation Advisors.
  • Tying compensation to performance (43%), and managing compensation and benefit costs (37%), remain the top two compensation challenges reported by respondents.
  • The majority of the survey respondents 79% believe their institution can effectively compete for talent against technology companies and other financial services companies.
  • Newcleus Compensation Advisors are the premier consulting experts on compensation strategies to include: base salaries, incentive plans, equity compensation, nonqualified executive retirement plans and director compensation strategies.

StrikePoint Gold Enters into a Definitive Agreement with 1911 Gold Corporation for the Sale of Its Angelina Property in Manitoba and Grants Stock Options

Retrieved on: 
Monday, June 7, 2021

The Company will retain a one percent (1.0% percent) net smelter returns royalty, which may be purchased by 1911 at any time for payment of $500,000.

Key Points: 
  • The Company will retain a one percent (1.0% percent) net smelter returns royalty, which may be purchased by 1911 at any time for payment of $500,000.
  • StrikePoint Gold also announces that it has granted 4,850,000 incentive stock options to its directors, officers, consultants and employees pursuant to the Company's stock option plan.
  • The options are exercisable for a period of five years at a price of $0.25 per share.
  • StrikePoint Gold is a gold exploration company focused on building high-grade precious metals resources in Canada.

bluebird bio, Inc. Reports Inducement Grants to CCO Tom Klima Under Nasdaq Listing Rule 5635(c)(4)

Retrieved on: 
Wednesday, June 2, 2021

The stock options approved under the Inducement Grants have an exercise price per share equal to $31.11, the fair market value on the grant date.

Key Points: 
  • The stock options approved under the Inducement Grants have an exercise price per share equal to $31.11, the fair market value on the grant date.
  • The stock options have a 10-year term and are subject to the terms and conditions of the stock option agreement.
  • The Company granted the stock options and RSUs as inducement materials to Tom Klima entering into employment with bluebird bio, Inc. in accordance with NASDAQ Listing Rule 5635(c)(4).
  • bluebird bio, Inc. (NASDAQ: BLUE) is bluebird bio is pioneering gene therapy with purpose.

Meryllion Resources Corp. Announces Grant of Stock Options

Retrieved on: 
Thursday, May 27, 2021

Toronto, Ontario--(Newsfile Corp. - May 27, 2021) - Meryllion Resources Corporation (CSE: MYR), ("Meryllion" or the "Corporation") wishes to announce that it has granted an aggregate of 1,390,000 incentive stock options, with an exercise price of $0.115 each, to certain officers, directors and consultants of the Corporation.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - May 27, 2021) - Meryllion Resources Corporation (CSE: MYR), ("Meryllion" or the "Corporation") wishes to announce that it has granted an aggregate of 1,390,000 incentive stock options, with an exercise price of $0.115 each, to certain officers, directors and consultants of the Corporation.
  • The options shall vest immediately, are exercisable for a period of 60 months and are subject to the policies of the Canadian Securities Exchange.
  • For further information please contact:
    Information set forth in this news release may involve forward-looking statements under applicable securities laws.
  • The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement.

HRA Council launches to bolster health reimbursement arrangements and advocate for expanded coverage

Retrieved on: 
Friday, May 21, 2021

"\nThe goal of the council is to expand coverage by creating a vibrant market for defined contribution models, easing employers\' ability to offer HRAs and employees\' ability to use an HRA to enroll in health coverage.

Key Points: 
  • "\nThe goal of the council is to expand coverage by creating a vibrant market for defined contribution models, easing employers\' ability to offer HRAs and employees\' ability to use an HRA to enroll in health coverage.
  • "\nAccount-based health coverage like ICHRAs and QSEHRAs allow employers to reimburse their employees for health insurance with tax-preferred contributions.
  • "We\'re thrilled to be an inaugural member of the HRA Council and look forward to contributing to this important work.
  • Council membership is open to all and the Council is transparent about its members and mission.\nFounding Members of the HRA Council include:\n'

Kaizen Discovery Grants Stock Options

Retrieved on: 
Thursday, May 20, 2021

b'Vancouver, British Columbia--(Newsfile Corp. - May 20, 2021) - Kaizen Discovery Inc. (TSXV: KZD) (otherwise "Kaizen" or "the Company") announces today that, pursuant to its Stock Option Plan, it has granted incentive stock options to its independent directors to purchase up to an aggregate of 428,570 common shares in the capital stock of the company.\nThe options are exercisable at a price of $0.07 per share and will vest 33 1/3% six (6) months after the date of the grant, with an additional 33 1/3% vesting twelve (12) months after the date of grant and the remaining 33 1/3% vesting two (2) years after the date of grant.

Key Points: 
  • b'Vancouver, British Columbia--(Newsfile Corp. - May 20, 2021) - Kaizen Discovery Inc. (TSXV: KZD) (otherwise "Kaizen" or "the Company") announces today that, pursuant to its Stock Option Plan, it has granted incentive stock options to its independent directors to purchase up to an aggregate of 428,570 common shares in the capital stock of the company.\nThe options are exercisable at a price of $0.07 per share and will vest 33 1/3% six (6) months after the date of the grant, with an additional 33 1/3% vesting twelve (12) months after the date of grant and the remaining 33 1/3% vesting two (2) years after the date of grant.
  • The options expire on May 19, 2026.\nKaizen is a Canadian mineral exploration and development company with exploration projects in Peru and Canada.
  • More information on Kaizen is available at www.kaizendiscovery.com\n'

Telson Grants Stock Options to New Directors

Retrieved on: 
Thursday, May 20, 2021

b'Vancouver, British Columbia--(Newsfile Corp. - May 19, 2021) - Telson Mining Corporation (TSXV: TSN) (OTC Pink: SOHFF) (FSE: TSGN) ("Telson" or the "Company") announces that pursuant to its Stock Option Plan, it has granted incentive stock options to newly appointed directors totalling 2,000,000 shares in the capital stock of the Company.

Key Points: 
  • b'Vancouver, British Columbia--(Newsfile Corp. - May 19, 2021) - Telson Mining Corporation (TSXV: TSN) (OTC Pink: SOHFF) (FSE: TSGN) ("Telson" or the "Company") announces that pursuant to its Stock Option Plan, it has granted incentive stock options to newly appointed directors totalling 2,000,000 shares in the capital stock of the Company.
  • The options will be exercisable at a price of $0.45 per share for a period of 5 years.
  • In certain cases, Forward-Looking Information can be identified using words and phrases such as "plans," "expects," "scheduled," "estimates," "forecasts," "intends," "anticipates" or variations of such words and phrases.
  • There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.

Despite Challenges during the Pandemic, Employees Remained Committed to Saving for Retirement and Future Health Care Costs

Retrieved on: 
Wednesday, May 19, 2021

Last year, nearly 60% of employees participated in their workplace retirement plan \xe2\x80\x93 consistent with pre-pandemic participation rates in 2019.

Key Points: 
  • Last year, nearly 60% of employees participated in their workplace retirement plan \xe2\x80\x93 consistent with pre-pandemic participation rates in 2019.
  • Average balances in Health Savings Accounts (HSA) increased 17% in 2020, with employee contributions jumping 10%.
  • This is especially troubling given women are likely to face higher healthcare costs in retirement due to living longer than men.\nGender gaps in financial wellness and saving for retirement.
  • Bank of America offers institutional client employees a range of financial benefit programs and solutions to help them pursue their financial future.

Lively’s Second Annual Wellness and Wealth Report Shows COVID-19 Accelerating Concerns Among Americans Over Rising Healthcare Costs

Retrieved on: 
Tuesday, May 18, 2021

b"Lively, Inc. , creators of the modern Health Savings Account (HSA), today released its second annual Wellness & Wealth Report giving a view into American healthcare trends for employers making benefits decisions.

Key Points: 
  • b"Lively, Inc. , creators of the modern Health Savings Account (HSA), today released its second annual Wellness & Wealth Report giving a view into American healthcare trends for employers making benefits decisions.
  • View the full release here: https://www.businesswire.com/news/home/20210518005172/en/\n2021 Lively Wellness & Wealth Report (Graphic: Business Wire)\nThe rising cost of healthcare coupled with the financial impact from COVID-19 has reinforced the importance of personalized employer-offered healthcare coverage for employees.
  • More positively, the findings also show that Americans\xe2\x80\x99 understanding of healthcare benefits have increased and are more proactively managing their healthcare costs.
  • This is our second annual Wellness and Wealth Report.\nLively is the modern HSA experience built for\xe2\x80\x94and by\xe2\x80\x94those seeking stability in the ever-shifting healthcare landscape.