Corporate Compensation

A successful compensation program requires a clear and concise compensation strategy. We help you assess the goal and objectives of your compensation program and create a plan that is aligned with the organization’s vision, mission and goals.

Developing and maintaining current salary structures is important to ensuring an effective compensation program. We will use relevant market data to:

• Complete market analyses for existing jobs
• Create new salary structures to meet the needs of the business
• Update existing salary structures to reflect current market rates
• Ensure appropriate job placement with the new or revised salary structure.

We will ensure a comprehensive understanding of each job function and conduct an audit to review current job information, which will then be used to:

• Create/update job descriptions
• Ensure compliance with the Fair Labor Standards Act (FLSA)
• Standardize job levels and titles
• Develop career frameworks.

An effective compensation program will ensure a balance between market competitiveness and internal equity. We will provide a comprehensive review of your organization’s pay parity to identify any inconsistencies across employee groups, make recommendations for appropriate alignment to ensure regulatory compliance.

We will work with your leadership team to identify compensable factors and design an incentive plan using metrics that will incentivize the behavior that drives performance. We will ensure that the program balances competitiveness with the organization’s ability to pay.

The implementation and communication of the compensation program is as important as developing the program. We will engage with key stakeholders in the business to develop an implementation timeline and a communication plan that will ensure the greatest impact and increase the success of the program.

We provide ongoing or ad hoc support to meet your organization’s specific needs. This may include:

• Ad hoc compensation review
• New hire offer analysis
• Salary planning
• Training/education