Base Compensation Program Design
Innovative and Cost-Effective Base Compensation Structure Design
Base pay is the cornerstone of a well designed total rewards program. Salary structures help organizations manage compensation by aligning pay with the competitive marketplace, recognizing the relative internal value of different jobs, and maintaining the cost-effectiveness of pay programs.
They provide a framework for rewarding performance, assist in making consistent pay decisions, link career paths and pay opportunities, and can provide a framework for total rewards design and delivery
We work with clients to develop compensation models that are internally equitable, externally competitive and ensure that optimal design takes into consideration practicality and affordability.