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Summary

Alera Group, Inc. Headquarters in Deerfield, IL. HR Operations and Technology Consulting

Description

Specialists In Compensation Planning

We are a premier middle-market compensation planning company providing custom, data-driven solutions that support your business strategies and human capital initiatives in a manner worthy of your trust and confidence.

We have extensive experience in designing, developing, and implementing comprehensive compensation plans including job evaluation systems, market pricing, pay structure development, strategic communications, performance management, executive compensation, and incentive design.

Benchmarking & Pay Structure Development
Compensation Works’ consultants specialize in helping clients develop and implement compensation programs aligned with their mission.
Our consultants have deep expertise in compensation programs, including global base pay, complex sales commissions, short and long-term incentive programs, and customized executive benchmarking retention plans. We have advised our clients on Federal and State labor law compliance, developed roadmaps to implement long-term compensation strategies across organizations, and developed custom surveys, training a and communication toolkits which that support the profitability and productivity of our clients.
We can provide a comprehensive assessment and recommendations by evaluating current practices and plans that support your strategic goals.

Incentive Plan Design
Our team offers professional incentive plan design that aligns with your business goals and achieve the right balance between fixed and variable compensation as well as short-term versus long-term incentives.
We help you navigate all planning, decision making, and documentation and then support employee communication and administrative needs. Our extensive capabilities allow us to design, implement, and manage short- and long-term plans such as annual bonus plans, management incentives, profit sharing, retention bonus, spot bonus plans, team-based pay, and more.

Executive Compensation
Executive compensation plans are key to attracting and retaining top talent. A properly designed executive package provides incentives to increase profits and is a critical tool in driving your company’s performance.
We partner with you to create a comprehensive executive compensation plan based on established philosophies and align it with organizational goals.

Sales Compensation Design
A well-designed sales compensation plan motivates your employees and drives results. Our experts help clarify business objectives, evaluate the effectiveness of your current program, streamline your team structure, and improve accountabilities. We provide communication resources to help you effectively promote your new model to inspire your team.

Pay Equity Compliance
A thorough pay equity analysis not only identifies pay gaps by gender, age, and/or ethnicity, it also identifies weaknesses in pay practices that prevent organizations from achieving and maintaining pay equity. Pay equity is as much of a business issue as it is a legal issue. Our team of specialists can assist you in conducting a comprehensive pay gap analysis. Our proprietary tool provides an analysis of a variety of factors to identify pay gaps and weaknesses in pay practices that may lead to pay gaps. Our consultants provide recommendations to achieve and maintain pay equity.

Details
  • Services (Type)
    - Sales and Incentive, Executive Compensation, Broad-Based
  • Services (Model)
    - Project, Managed Service/ Outsourcing
  • Size of Firm
    - 25 or greater
  • Target Market (Industry)
    - Various Industries
  • Target Market (Client Size)
    - Small to Medium Business, Large Enterprise
  • Target Market (Region)
    - United States
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