Identifying the right base salary is just the tip of the total rewards iceberg. Linking pay to performance, finding the best balance of benefits and salary, and implementing other compensation strategies are all key to motivating and retaining employees at every level in an organization.
Our consultants approach each assignment from a diagnostic and problem solving perspective, and their multidisciplinary capabilities help you navigate complex business and talent management waters.
We can help you:
- Evaluate business and talent management strategies to create pay philosophies and strategies that are aligned with your business and that integrate executive and non-executive programs
- Evaluate jobs
- Develop and review salary structures
- Review and update salary administration policies and practices
- Conduct comprehensive benchmarking studies for executive and non-executive populations using proprietary and public data
- Design and test variable pay plans such as short-term and long-term incentives
- Model the cost impact of design or administrative changes