Executive compensation plans are key to attracting and retaining top talent. A properly designed executive package provides incentives to increase profits and is a critical tool in driving your company’s performance. We partner with you to create a comprehensive executive compensation plan based on established philosophies and align it with organizational goals.
What Does Our Executive Compensation Design Process Look Like?
1. KICK-OFF
Kick off meeting to discuss executive compensation philosophy, key competitive issues, and project timeline.
2. INTERVIEWS
Conduct interviews with board member and incumbent.
3. DATA
Pull market data from our library of published compensation surveys.
4. PARTNERSHIP
Finalize matches and review with the client.
5. IMPLEMENTATION
Conduct implementation and analysis, recommendations and finalize the report.
6. WRAP-UP
Pesent findings to the project sponsor.
I will use Compensation Works again in the future. They have extraordinary resources, extraordinary judgement, and work well with boards and CEOs. Plus, they have given us a successful outcome three times. I offer my unqualified recommendation.
Surveys Are Included
Our extensive fully licensed salary survey is included in the project price quote.
Fully Insured
We maintain multiple liability 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 100 QA checks then our seasoned checks again.