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 3. Consulting
 4. Compensation and Benefits Program Design Consulting


CONSULTING


COMPENSATION AND BENEFITS PROGRAM DESIGN

Design and implement programs based on your organizational goals and unique
business environment. Our consultants will work with you to enhance the
strategic value of your pay programs and design benefit packages that deliver a
clear competitive advantage while containing costs.

Schedule a consult

Competitive Pay Assessment

 * Understand your current position within your target pay markets.

 * Our consultants will assess the market competitiveness of your pay programs
   and make recommendations for adjustments based on your recruiting and
   retention goals.

Salary Structure Building

 * As a follow-on to a Competitive Pay Assessment engagement, our compensation
   experts will use our CompAnalyst® platform and market compensation data
   to model competitive salary structures, compose salary ranges, and audit job
   levels to assign to appropriate ranges.

 * In addition, our team will analyze salary range placement for job incumbents
   and if necessary, estimate the cost to adjust employee pay.


Base Pay Program Administration

 * Create fair and effective base pay programs.

 * Our consultants will assess the market competitiveness and internal equity of
   your current pay practices, help you design a base pay administration
   program, build salary structures, and work with you to make changes based on
   your compensation philosophy.

Variable Pay Program Design

 * Enhance the strategic value of your variable pay programs.

 * Our consultants will partner with you to understand business objectives and
   design long- and short-term incentive programs that reward employees fairly
   and motivates them to achieve stretch goals and deliver results.


Sales Compensation Plans

 * Motivate your sales team with commission and incentive pay plans that are
   aligned with your growth objectives and drive your business forward.

 * Our compensation experts will optimize your sales compensation plans and work
   with you to set goals and incentives that increase sales performance and
   maximize your revenue potential.

Benefits Program Evaluation

 * Design benefits programs that are aligned with your total rewards philosophy
   and deliver a clear competitive advantage while containing costs.

 * Our consultants will review how employees currently perceive your benefits
   offerings, develop competitive new benefits plans that fit within your
   budget, and help you communicate the value of your new benefits programs.


New Hire Pay Practice Consulting

 * Assess the competitiveness of your talent markets and determine if your new
   hire offers are above or below market prices.

 * Our compensation specialists will analyze your candidate pool paying
   attention to the reasons candidates accept or decline offers and use our New
   Hire data set inside CompAnalyst® Market Data to determine if your starting
   compensation offers are competitive. They will provide insight into issues
   like pay compression and help you make smart pay decisions and win the war
   for talent.

“We focus on getting clients the greatest return on their rewards by ensuring
they have the right plans and the ability to manage them effectively.”
 * David Cross
 * Senior Compensation Consultant – CCP
 * Salary.com

“We focus on getting clients the greatest return on their rewards by ensuring
they have the right plans and the ability to manage them effectively.”
 * David Cross
 * Senior Compensation Consultant – CCP
 * Salary.com


INSIGHTS YOU NEED TO GET IT RIGHT

The latest research, expert advice, and compensation best practices all in one
place.
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manage pay.

Read More

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