1. Compensation Practices
Attract, Retain, and Motivate High-Caliber Employees
A significant human resource challenge is developing and implementing Total Rewards compensation practices that balance overhead with attracting,
retaining, and motivating high-caliber employees.
Driving Performance
Human Capital Advisors helps organizations create or improve Total Rewards compensation to
support business strategy and to ensure your system is driving the performance you demand. We
work with you to have a broad and deep understanding of your philosophy, strategy, and culture;
which helps us develop systems and practices that align with your goals and objectives.
The Total Rewards Plan
Our Total Rewards plan design includes:
Base pay plan design
Competitive positioning versus the marketplace
Customized salary surveys
Develop a compensation philosophy
Develop salary administration programs and guidelines
Fair Labor Standards Acts (FLSA) assessment and compliance
Internal pay equity
Linking pay to performance
o Design and develop executive incentive programs
o Design and develop merit pay programs
Management training on delivering compensation changes to employees
o Design and develop employee communications regarding compensation
Market pricing analyses
Salary budget planning
Sales compensation design
Recognition programs
Success Portraits job evaluation and development
Variable pay programs