Compensation & Benefit

Compensation

This service will enable The Customer to achieve the following:

1. To reward employee’s past performance
2. To remain competitive in the labor market
3. To maintain salary equity among employees
4. To mesh employee’s future performance with organization goals.
5. To control the compensation budget
6. To attract new employees
7.  To reduce unnecessary turnover

Incentive Rewards

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:

1. Characteristics of a successful incentive plan
2. Financial incentives that are linked to valued behavior.
3. Fair incentive program.
4. Challenging, yet achievable productivity and quality standards.
5. Simple and understandable payout formulas.

Employee Benefits