Compensation Consulting Expertise
Our team has deep compensation consulting expertise working across many industries. Every client has unique compensation requirements that require customized compensation plans. The four primary forms of compensation are salary, hourly, commission, and bonuses. Indirect compensation, such as benefits and equity-based programs, are an important a part of every plan.
When developing a plan there are a number of questions that we consider such as what your competitors are offering. The ages and generations of your key employees, what attracts your employees to the company, your key employees future goals with the company and whether your key employees appear loyal and satisfied. These are just some of the questions examine as part of the planning process.
We have experience in developing Short-Term Incentive Plans (STIP), Long-Term Incentive Plans (LTIP), Supplemental Executive Retirement Plans (SERP), Voluntary Deferral Plans and a Split Dollar Plans for the Industries we serve.
We strive to develop the right balance of compensation for the industries we serve.
Financial Services & Insurance
Food & Beverage Processors
Non-Profit and Foundations
Real Estate and Development
Restaurants and Hospitality
Retail and Wholesale
Our compensation experts have worked with hundreds of clients throughout the United States. Our clients receive a customized approach from a team compensation experts who love developing impactful project solutions.
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.