Rewards & Recognition
Use compensation strategies to effectively compete for HR talent.
We encourage a comprehensive approach to compensation, beginning with a total rewards strategy that considers the various factors impacting employee performance. We believe that intentional alignment among the related processes is very important.
Your total rewards strategy should directly contribute toward your ability to attract, motivate, and retain good employees. High employee satisfaction and engagement improves productivity, service quality, and customer satisfaction, and reduces turnover. This leads to achievement of strategic and operational goals for improved organizational performance. You also need to evaluate internal pay equity to strategically manage risks.
Position Management Comes First
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Job titles that correspond to one distinct position and one FLSA classification.
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Job descriptions that accurately reflect the primary purpose of each position, the essential functions, and the competencies needed to successfully perform them.
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Position classifications that conform to FLSA guidelines and can be justified if challenged.
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Job families for related positions that have progressive responsibilities / competencies.
Typical Compensation Engagement Objectives
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Leadership understanding of base compensation strategies and the key components of a sound program.
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A compensation philosophy that is consistent with, and supports, business strategy.
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Meaningful/valid reviews and analyses to support job ranking, selection of benchmark positions, job matching, market pricing, and updating of the compensation structure.
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Recommendations for compensation program implementation and administration.
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Incentive compensation information/options.
Our Certified Compensation Professionals will help you optimize your compensation program to more effectively attract and retain valuable employees. We know that many other factors contribute to employee motivation and engagement, but you still need to be competitive.
We customize each client engagement to achieve your desired results. Contact us for more information.