Compensation Works’ consultants specialize in helping clients develop and implement compensation programs aligned with their mission. Our consultants have deep expertise in compensation programs, including global base pay, complex sales commissions, short and long-term incentive programs, and customized executive benchmarking retention plans.
We have advised our clients on Federal and State labor law compliance, developed roadmaps to implement long-term compensation strategies across organizations, and developed custom surveys, training a and communication toolkits which that support the profitability and productivity of our clients. We can provide a comprehensive assessment and recommendations by evaluating current practices and plans that support your strategic goals.
REFRESH YOUR PERSPECTIVE
ENGAGE YOUR EMPLOYEES
STANDARDIZE YOUR APPROACH
What Does Our Benchmarking and Pay Structure Development Process Look Like?
1. DISCOVERY
Gather background information and assess current culture and policies.
2. PLANNING
Develop project work plan and timeline.
3. PARTICIPANTS
Determine key stakeholders and their roles.
4. KICK-OFF
Conduct kick-off meeting and discuss compensation philosophy.
5. DATA
Pull market data from our library of published compensation surveys.
6. RANGES
Develop base pay ranges aligned with new market analysis.
7. REPORTING
Complete the market analysis report and PowerPoint presentation.
8. IMPLEMENTATION
Build a template for individual employee pay placement including pay placement table and implementation sheet.
9. WRAP-UP
Present findings to project sponsor.
Compensation Works is certainly an expert in these issues and has access to market data to forumulate and support solid recommendations. They are knowledgeable, professional, thorough and timely. We feel we have a solid relationship with them. I would not hesitate to recommend Compensation Works.
Surveys Are Included
Our extensive fully licensed salary survey is included in the project price quote.
Fully Insured
We maintain multiple liability & cyber insurance policies.
We're Employees
Our entire team are employees. No contractors here.
Best In Class SaaS
We use the finest AI powered Compensation Software available. No Excel Here.
Fortune 100 Data Security
Our IS Partner, Microsoft, provides us with the same data infrastructure as Fortune 100 companies.
Over 100 QA Checks
Our AI performs over 100 QA checks then our seasoned team checks again.