Compensation

Facilitate discussions within your organization to determine the appropriate compensation strategy that aligns with your mission and goals. Includes recommendations to better align actual compensation practices with strategy.

Our staff will review data from multiple market survey data sources to recommend pay levels for specific company jobs, including organization versus competitive market comparisons.

We'll compile market data for a group of "benchmark” jobs (e.g., 10 to 25) to develop a market-based pay structure (including grades and ranges). Using market pay structure data, we will perform an overall assessment of your organization's pay practices versus the competitive market.

Annual updates/aging of organization pay structures and re-assess pay levels for applicable jobs/employees versus updated market norms.

In conjunction with wage/salary structure development and assessments, we'll provide a comparison of organization incentive/bonus practices, benefit plans, and total compensation practices versus market practices and recommend reallocation of compensation dollars as appropriate.

Review of individual employee pay in relation to the organization’s competitive pay objectives and recommend adjustments and ongoing pay administration.

Design, develop and implement performance-based incentive/bonus pay plans that fit the competitive business environment and align with the organization’s specific performance expectations.

Draft new and improved policies, procedures, guidelines, and forms to support alignment with your organization's pay strategy.

Design, develop and implement performance-based executive compensation plans that are aligned with the organization’s performance expectations and competitive talent markets.

Gain a competitive advantage while supporting organization-wide success. Our total rewards strategy and plan approach use the freshest market data to create a powerful compensation and benefits package.

Are your benefits competitive? Let us compare your organization’s employee benefit plans and practices to today’s market norms. We’ll identify gaps and bring you specific recommendations if your offerings fall short.

Not sure if employees are properly classified under the FLSA? Our team of experts will make sure you’re in compliance.