TOTAL REWARDS : COMPENSATION & BENEFITS

We provide advice and guidance on designing and implementing Compensation Systems by conducting/carrying out: 

Job Analysis: Identifying Jobs and tasks and qualifications of incumbments.

Job Documentation: Creating Job Descriptions and Specifications. 

Job Evaluation: To establish value of jobs within Organizations.

Pay Structure: Establishing pay grades/ranges. We study the current compensation structure and offer advice on the Pay Mix , Pay Range and Pay Scale. We also provide insights on Compa ratio and devise key metrics on pay equity and pay compression.  

We offer support in handling Executive (C-Suite) compensation system & also provide support in designing sales compensation.Majority of exit interview feedback cite “lack of competitive total rewards “as the major reason for departure. We help employers to benchmark the pay information by using market survey data. 

We also ensure that the pay system aligns with the strategy, culture, market, employment laws and regulations. We also assist in effective communication of Total Rewards Strategy (TRS).