Compensation & Benefit
Gemini HR Solutions will work closely with The Client to reach to the most suitable wage structure that is compliant with the wage curve, pay grades, and rate ranges:
This service will enable The Customer to achieve the following:
- To reward employee’s past performance
- To remain competitive in the labor market
- To maintain salary equity among employees
- To mesh employee’s future performance with organization goals.
- To control the compensation budget
- To attract new employees
- To reduce unnecessary turnover
Incentive plans emphasize a shared focus on organizational objectives by broadening the opportunities for incentives to employees throughout the organization. Below are the major output of this service:
- Characteristics of a successful incentive plan
- Financial incentives that are linked to valued behavior.
- Fair incentive program.
- Challenging, yet achievable productivity and quality standards.
- Simple and understandable payout formulas.