Is your global compensation envelope comparable to your competitors’?
Our experts help you achieve thorough understanding of compensation issues. You will have the proper tools in order to formulate a global compensation strategy with you, which is aligned with your business strategy.
Your business’s global compensation strategy is the main component of your employment offer: direct compensation, benefits, career development and many intrinsic factors.
Global compensation components must form a whole and account for each aspect of your employment offer.. A global compensation strategy is a powerful tool as it allows you to specify:
Compensation priorities and objectives;
The role and design parameters of each component of the compensation program;
Specific recommendations for the increase or reduction of compensation investments;
A detailed action plan for change management;
Concrete measure for evaluating success over the years;
Requirements needed to ensure the strategy is efficient.
You wish to be supported in the development of your compensation strategy? Contact us!