Compensation and rewards are among the most powerful tools that an organization has to communicate that it values its employees and managers. By ensuring that people are paid and rewarded competitively and fairly and are recognized for their contributions, the message is that what the person does – matters.
We help organizations design and implement pay and reward programs that convey these important messages and are aligned with the business strategy.
Base Pay: Evaluate, refine and develop base pay systems, including job documentation, job evaluation, benchmarking / competitive analyses and salary ranges.
Incentive Plans: Develop various types of incentive plans for all levels within the organization that reward individuals or teams for desired results.
Executive Compensation: Assess the competitiveness of the total compensation package of key executives and design short-and long-term incentive plans that support achievement of key strategies.
Recognition Programs: Develop various types of reward and recognition programs that reward individuals or teams for desired behaviors.
Custom Surveys: Design and conduct custom compensation surveys to obtain the most relevant information for the client.
Communication: Develop effective employee communication strategies and content. The communications aspect is critical to the success of any reward program.