Valued staff are productive staff. But knowing how to strike the right balance between rewarding staff and encouraging them to do better can be a challenge.
To start, we conduct a thorough review and analysis of your current pay and benefits schemes, reward strategy, process and communications structures. We then analyse the external market, to ensure you are being competitive. If necessary, we design and implement a new compensation strategy, which includes new grading systems with simplified salary bands and clearly defined bonus schemes.
Whatever the details of the new system are, you can be sure it will provide greater flexibility. It will also be more closely aligned with your performance management process and overall business objectives.