HR/Compensation departments often find themselves with more work than employees to get it all done. There is the day-to-day transactional work, the peak times during the year where you must resource certain initiatives, and then there is the project work that will help you shift from reactive to proactive.
My team and I are available to you so you can resource the compensation work with the right skills at the right time.
Dedicated Support for Day-to-Day Transactional Compensation Work
· Job Evaluations – Market pricing or point factor evaluation of new and changed jobs
· Answer questions and partner with HRBPs on business leader driven compensation tasks
· Develop and review job offers for new hires
· Develop pay increases/changes for current employees: promotions, lateral moves, and demotions
· Answer questions about how to apply compensation guidelines and policies to employee situations
Dedicated Support for Compensation’s Peak Time During the Year
· Annual Compensation Planning – Base, bonus, and LTI payouts
· Update market benchmarking and pay grade structures for the next year – base pay ranges, target incentives, geographic differentials, and executive benchmarking
· Participate in salary surveys
· Upload market data into software tools – resolve data issues
· Develop and/or deliver compensation communications and training for all levels of employees
· Pay and performance discussion expertise and decision making
Compensation Projects and Thought Leadership from an Experienced Dedicated Team
· Design and implement of job architecture and career paths – global salary structure alignment
· Bonus, sales, and LTI plan design and implementation
· Compensation philosophy design and organizational goal alignment
· Comp policy, guidelines, and process documentation and advice
· Pay equity audits with root cause analysis and compliance advice
· Pay transparency roadmap design and solutions
· Assess and implement compensation technology and software solutions
· Compensation process improvement and project management
· Custom salary survey design and data summary
· Pay and People Integration: Capture M&A Value
Let’s talk if some of these things are on your list and you need help.
#compensation #hr #humanresources #compensationconsultant #rewards #pay #incentives