Compensation Plan Design & Performance Management
Compensation Plans and Market Studies
Our expert consultants help unravel the complication with our customized compensation plan design options that help maintain equity, employee loyalty, and business viability. It costs nearly 150% of an employee’s salary to replace them. We can help:
- Determine appropriate pay levels.
- Settle compensation issues and inequities with appropriate salary and pay grades.
- Create a competitive edge for attracting and retaining talent, developing a good reputation, and increasing the bottom line.
- Ensure your employees are paid fairly and compensation is aligned with comparable market data.
- Develop a customized plan to help get compensation where you want it to be.
Job Evaluation, Analysis, & Classification
Ensure your company maintains an equitable compensation system with job evaluation, analysis, and classification. We help:
- Determine which positions and job tasks are similar when considering pay, promotions, transfers, and assigned work.
- Develop job descriptions, specifications, competencies, and performance standards.
- Create a comprehensive and effective performance management system.
- Ensure that career paths and succession planning are transparent and provided with equal opportunity.
Performance Management Programs
We develop an efficient performance management program that fits your business, boosts employee engagement, productivity, and maximizes ROI. Attract, retain, and develop talent while improving your overall business performance.