Overall Pay and Reward Strategy and Planning
An effective pay and reward strategy bridges the organizational structure, the mission of the organization, and market-based considerations. Solutions must incorporate foundational base pay, links to short-term performance, and long-term achievement and success alignment. Final solutions must be effective, reasonable, and aligned with the company's goals while respecting its unique market position, culture, and location. Our holistic approach entails providing bespoke solutions for each client.
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Our Process
Step 1:
Discover
Clarify the intentions, goals, and capabilities of the company and build the foundation for the solution.
Step 2:
Design
Detail the features and critical elements of the solution, and deliver the final plan overview.
Step 3:
Deliver
Ensure the company knows how to manage and measure the success of the solution. Provide communications and modeling for participants.
Step 4:
Evolve
Provide ongoing support for questions and adjustments during the initial year after delivery.