Compensation Alignment
Compensation/Total Rewards Alignment
This process helps organizations achieve their organizational objectives, goals and vision by ensuring that compensation, benefits, retirement, and perquisite programs are motivating the necessary actions and behaviors. This includes:
- The creation and implementation of a philosophy upon which all subsequent actions can be based.
- Benchmarking of the competitive market.
- Development of recommendations for programs that will encourage the right actions and behaviors including but not limited to:
- incentive pay
- sales compensation
- team incentives
- base salary, merit pay programs
- stock options
- restricted stock
- phantom stock
- deferred compensation
- benefits offerings
- recognition programs
- Full action planning and financial modeling for all recommendations.