Connecting compensation plans with organizational goals
By designing a custom process of job evaluation and pay structures specific to your organization, we are able to build compensation plans that meet your organizational goals.
Our work in this area includes a number of steps, including:
- Compensation philosophy design
- Development of external salary benchmarks
- Design of classification and pay grade structures
- Regression analysis
- Integration with benefits into a total rewards strategy
- Roll-out compensation plan
- Host employee town hall meetings to communicate the compensation strategy