Reclaim your time
Teaming resources with other human resources or compensation consultants can provide exceptional client services, and it allows both consultants to expand and grow their businesses. With a combined 60+ years of experience, we can provide specialized attention to the compensation component of your project, freeing your schedule to offer other services that further your business goals, expand your business, and boost customer satisfaction; we enjoy sharing projects with others in our field.
B2B Services include:
- Strategic consultation for all compensation plans (executive, salary, incentives)
- Total rewards analysis, which is the combined assessment of value for 1) base salaries, 2) incentives, 3) benefits, and 4) work-life benefits
- Job description writing, job analysis, and job evaluations
- Market analysis of salaries, incentives, and benefits using market salary surveys
- Design of salary structures for base pay utilizing statistical regression analysis
- Annual salary budgeting based on market salary analysis and company strategy
- Alignment of individual pay to new salary structures, integrating the performance plan goals and internal equity
- Design of the merit matrix and management of the annual merit and incentive awards process, as well as the cost and impact analysis
- Process management of updating the human resource management system (HRMS) with new salary structures and budgeted individual increases
- Design of reports for management to review individual increases while tracking those reports to the annual budget
- Salary rollout planning, communication, and training
- Integration of the performance management system with the total compensation plan and system
- HRMS integration across all components of compensation
- Monitor internal company salary metrics comparing them to the budget and the external market conditions
- Incentive plan design STI for executive, bonus, team-based pay, skill-based pay, profit sharing, gain sharing
- Compliance analysis for EEOC, OFCCP, ADEA, ADA, Pay Equity
- Merger & acquisition integration