Brief Overview:
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Working in partnership with you we help answer questions such as:
- What is your total rewards strategy?
- How does this strategy support the business plan and human capital strategy?
- How do you define the “market” for comparison?
- What is your competitive posture versus the market?
- How is performance introduced within compensation programs / elements?
- Is this the appropriate risk profile for your organization and culture?
- How do the compensation elements establish the appropriate mix of pay?
- How and when do we communicate all these answers with the Board?
Expanded Explanation:
Develop a total rewards strategy; using several proprietary models we work through company priorities and values and document a strategy in a clear and transparent statement.
Audit current programs for alignment with strategy.
Audit current allocation of spend on human capital programs to understand current state and for consistency with stated objectives.
Design short-term and long-term compensation programs that support the strategy while balancing performance achievement with delivery of competitive compensation levels.
Support Board and management team in annual compensation committee calendar of events and required compliance reporting and disclosures.