COMPENSATION SERVICES

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We have extensive experience in designing, developing, and implementing comprehensive compensation plans including job evaluation systems, market pricing, pay structure development, performance management, executive compensation, and incentive design.

Our compensation experts perform the work in a “hands-on” and customized way with our clients rather than a “canned” approach. We are a group of compensation “geeks” who love working with salary data and related programs.  Compensation Works has a great track record of meeting or exceeding our clients’ expectations while managing projects within time and budget constraints.  Our clients tell us that they enjoy our practical, collaborative and fun work style.

When our clients need comprehensive compensation strategies and programs to support the high-performance culture which is critical to their success, we deliver.

Compensation Works’ consultants specialize in helping clients large and small develop and implement compensation programs that are aligned with their mission and objectives.

Our experts have deep expertise with strategic thought leadership as well as executing on the complete array of compensation programs including global base pay, complex sales commissions, short and long-term incentive programs, and customized executive retention plans that align to individual and corporate performance. 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 and communication toolkits which support the profitability and productivity of our clients.

Our organizational structure allows us to scale to nearly any size project rapidly. We have close business relationships with leading nationally renowned compensation professionals and a track record of working together seamlessly to accomplish even the largest projects.

We are committed to creating competitive compensation programs that are tailored to our clients’ needs, goals, and philosophy.

We can provide a comprehensive assessment and recommendations for plan changes by assessing current practices and plans that support your strategic goals.  Pay structure development or redesign leads to the creation of pay programs that make the most sense.

Compensation Philosophy Development
Market Pricing
Pay Structure Design
Cost of Labor Analysis
Career Path Development
Job Evaluations
Classification Systems
Communication

Our team can assess and develop incentives to align with your business goals, and achieve the right balance between fixed and variable compensation as well as short-term versus long-term incentives.

Our extensive capabilities allow us to design, implement and manage any of the following types of annual and long-term value-sharing plans. We help clients navigate all planning, decision making, and documentation – and then support employee enrollment, communication, and administrative needs.

Our organizational structure allows us to scale to nearly any size project rapidly. We have close business relationships with leading nationally renowned compensation professionals and a track record of working together seamlessly to accomplish even the largest projects.

We are committed to creating short & long term incentive plans that are tailored to our clients’ needs, goals, and philosophy.

Bonus plans
Communication
Determine company philosophy
Geographic differentials
Management incentives
Market analysis
Profit sharing
Team-based pay

Executive compensation plans are key to attracting and retaining top talent. A properly compensated executive provides an incentive 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.

Our organizational structure allows us to scale to nearly any size project rapidly. We have close business relationships with leading nationally renowned compensation professionals and a track record of working together seamlessly to accomplish even the largest projects.

We are committed to creating competitive executive compensation programs that are tailored to our clients’ needs, goals, and philosophy.

We provide recommendations and insights for your organization’s top executives in the following areas:

Annual incentive
Cash compensation
Communication
Deferred compensation
Long term incentive plan design
Modeling
Plan documentation
Team-based management

A thorough pay equity analysis not only identifies pay gaps by gender, age, and or ethnicity, it also identifies weaknesses in pay practices that prevent employees in achieving and maintaining pay equity.  All but two US states have equal pay laws, and pay equity has been highlighted extensively in the news and on social media.

Pay equity is as much of a business issue as it is a legal issue.  Our team of specialists can assist with job descriptions and job classification and conduct a comprehensive pay gap analysis.  Our proprietary tool provides analysis of a variety of factors to identify pay gaps and weaknesses in pay practices that may lead to pay gaps.  Our consultants provide recommendations to achieve and maintain pay equity.

Our organizational structure allows us to rapidly scale to any size project.  We have close relationships with leading nationally renowned compensation professionals and a track record of working together to seamlessly accomplish even the largest projects.

We are committed to doing our part to helps our clients uncover possible risks and provide solutions that are tailored to our clients’ needs, goals, culture, and philosophy.

Risk assessment
Pay equity analysis
Pay practices assessment
Remediation and recommendations

A well-designed sales compensation plan helps drive sales, motivates employees, and drives desired business results. We partner with you to design customized sales compensation plans that are market competitive and aligned with your goals and organizational strategy.

Our experts help clarify business objectives, evaluate the effectiveness of your current program, streamline your team structure, improve accountabilities and role definition. We provide communication resources to help you effectively promote your new model that will inspire and engage your team.

Our organizational structure allows us to scale to nearly any size project rapidly. We have close business relationships with leading nationally renowned compensation professionals and a track record of working together seamlessly to accomplish even the largest projects.

We are committed to creating sales compensation programs that are tailored to our clients’ needs, goals, and philosophy.

Compensation model development
Compensation plan effectiveness assessment
Sales compensation plan documentation
Strategic communication support

Management of compensation programs has become increasingly complex given the level of internal and external expertise required. We partner with you to provide access to full compensation management support, including competitive market analysis, strategic communications, pay program modeling, program integration, job description review, and benefits program design.

Our HR and industry experts partner with you to provide support where and when you need it – and tailored to your organization’s needs, goals and philosophy.

Our organizational structure allows us to scale to nearly any size project rapidly. We have close business relationships with leading nationally renowned compensation professionals and a track record of working together seamlessly to accomplish even the largest projects.

Benefits program, vendor selection, contract renewal, open enrollment, and employee communications
Board of Director’s materials preparation and meetings
Communication
Custom surveys
Education and communication tools
FLSA analysis and recommendations
Job description updates
Non-cash rewards
Performance management and Pay for Performance linkages
Retention programs for key talent
Salary survey submissions
Wage and Hour Compliance
Year-end support

We know that change can be overwhelming, and implementing a new system is challenging. We partner with you throughout the process, and after your compensation analysis, gap analysis or compensation programs are designed, and we support you with communication strategies and training needed to support adoption.

Our organizational structure allows us to scale to nearly any size project rapidly. We have close business relationships with leading nationally renowned compensation professionals and a track record of working together seamlessly to accomplish even the largest projects.

We are committed to providing the training needed to support implementation and adoption thru change or implementation of new programs tailored to our clients’ needs, goals, and philosophy.

We currently offer the following training and can customize something unique to your needs:

Bootcamp for Generalists
Business Acumen
Communicating Compensation Decisions
Compensation Fundamentals
How to hold an effective calibration meeting
New Supervisor & manager Training

No matter how big or how small, M&A activity is a time consuming and intensive project that taxes even the most competent HR departments. Compensation Works’ skilled professionals have handled multi-site and multi-national acquisitions, providing HR leadership and oversight for the full life-cycle of M&A activity, from due diligence to integration of all HR functions. We have managed global acquisitions, joint venture transactions, plant closings, sales of corporate divisions or subsidiaries, and business relocations.

Our skilled team has developed strategic communications plans, designed retention programs for key talent, and integrated compensation, benefits, talent management, payroll and HRIS programs, policies, and systems. We’ve led outsourcing and off-shoring efforts to optimize HR budgets and resources, and up-leveled and transformed global HR departments from tactical to strategic. Compensation Works has consistently delivered high-quality results that exceed client expectations.

Our organizational structure allows us to scale to nearly any size project rapidly. We have close business relationships with leading nationally renowned compensation professionals and a track record of working together seamlessly to accomplish even the largest projects.

We are committed to M&A leadership and oversight that is tailored to our clients’ needs, goals, and philosophy.

Multi-site and multi-national mergers, acquisitions, divestitures, and business relocations

Leadership and project management for the full life-cycle of M&A activity from pre-transaction due diligence to post-transaction integration of compensation, benefits, talent management, payroll, and HRIS programs, policies, and systems

Organizational and leadership structure design as well as downsizing and severance activities

Strategic communication and change management programs for cultural integration, employee productivity, and retention

Retention strategy and programs for key talent

There is a multitude of evidence that companies with a high-performance culture have a competitive advantage, better business results and increased employee retention and loyalty. Our team of certified HR professionals has implemented comprehensive performance management programs, enabling companies to evaluate and develop their talent, align compensation to performance, and have relevant data points for succession planning and employment decisions.

Our team has designed and implemented performance management programs, including online solutions, and trained leaders and managers.  We’ve provided companies with toolsets to align individual goals to business goals, evaluate employee competencies and results delivered, and improve the performance of individuals who are underperforming in their roles.  We understand the need to design programs to meet business needs without overwhelming the organization with HR processes.  For many of our clients, employees are their most significant expense, and properly leveraging that expense has a positive impact on their bottom line.

Comprehensive performance management programs that align individual goals to business goals and evaluate employee competencies and results delivered

Toolsets to evaluate and develop talent, and provide relevant data points for succession planning and employment decisions

Strategies to attract, develop and retain top talent

Customized change management programs to build a high-performance culture

Tailored learning and development programs, including internal communications strategies and toolkits for managers

Development or revision of onboarding processes or orientation to enhance new hire experience and productivity