Compensation Plan Design
A competitive salary is just the beginning – Compensation Plan Design
The labor pool is decreasing and employers are finding it’s a ‘seller’s market’ again. Applicants and employees have more influence than ever in setting the terms of the employment contract. Offering a competitive salary is only the beginning of attracting the winners away from your competition. We’ll help you benchmark the market pay for your positions. Then we’ll help you create a compensation package that drives performance and recognizes top contributors.
Our compensation-related projects include:
- Salary surveys
- Base compensation plan design
- Incentive compensation plan design
- Salary structure development
- Exempt and Non-exempt classification
- Job description development
- Wage and hour regulation training
- Industrial Wage Order compliance
For more information, contact us.