| Problem
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Compensation and benefits solutions and systems are not matching market and organization needs. High turnover, challenging recruitments, low motivation and engagement.
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| Objective |
Correct salary grades, connect remuneration to business goals achievement, reduce turnover due to salaries, improve efficiency of the personnel cost, build long time incentives and retention tools, review benefits systems and maximize cost efficiency.
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Methodology used
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Salary surveys, market benchmark, salary grades, total cash analysis and reports, benefits audit, job sizing and job evaluation process (Hay, Mercer, WTW methodology).
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Approach
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Global, region, local salary surveys comparison, building market and sector remuneration comparison approach, building remuneration strategy matching business and organization specifics.
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| Delivery |
Audits, analysis, comparison report as minimum result. Building and implementing full salary strategy and remuneration system (base salaries, bonuses, benefits, LTI, retention plans).
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