A company's most valuable asset is its employees.
When employees are paid competitively and organizational design is intact, morale is boosted. We create and implement custom human resources and compensation consulting packages to ensure that your workforce helps your business thrive in today's shifting marketplace.
Each of our client-partner relationships begins by understanding the company's work requirements, performance standards, and compensation and recognition programs. We then work side-by-side to create a model to meet their strategic needs and corporate goals. We follow it up with performance management, which consists of monitoring goals and providing ongoing feedback to ensure the program is best optimized for the employees.
We specialize in compensation surveys. We will analyze your key staff positions and match their responsibilities with comparable organizations, locally and nationally. Compensation and benefit data is secured from participating organizations and presented to you. This information is an invaluable staff recruiting and retention tool.
From our survey database, compensation benchmark ranges are established for each normalized job position. In analyzing the study data, the upper and lower quartiles are eliminated to determine Benchmark Ranges. The benchmark ranges are then used to assess the alignment of a company's actual compensation to the marketplace for each job function. The results can be assessed using the following guidelines.
Below Benchmark Range
:- Highly impacted by forces of the marketplace
Within Benchmark Range
:- Subject to the normal forces of the marketplace for similar job functions and responsibilities.
Above Benchmark Range
:- Not subject to the forces of the marketplace
The Benchmark represents our assessment of the compensation level required for organizations to remain competitive and minimize the risk of losing employees to other organizations