Compensation is more than just salary. An effective compensation strategy motivates current employees and is a tool to attract new ones.

A comprehensive compensation strategy can be the foundation for creating an environment that recognizes and rewards employee performance and helps to establish a strong culture of employee engagement. Organizations are only as successful as their approach to hiring the right people, setting clear expectations, managing performance and recognizing and rewarding employees for meeting and exceeding expectations.

  • Pay for Performance
  • Performance Management
  • Structured Administration
  • Compensation Benchmarking
  • Salary Ranges
  • Budget Allocations

Performance based compensation can look different from organization to organization. The compenstation/reward system can incentivize employees to learn new and apply new skills, and/or can reward based on meeting performance objectives set. This is a good option for production, maintenance, or trade related jobs. It also can help to create a pipeline of skilled workers within your company.