Summary
Keystone Compensation Group Headquarters in Minneapolis, MN. Successfully linking business and reward strategies
Keystone Compensation Group Headquarters in Minneapolis, MN. Successfully linking business and reward strategies
A well-crafted compensation strategy can make the difference between a business just surviving and a thriving corporate culture.
The best strategies are those that clearly link your business objectives to your reward programs in a manner that balances affordability of programs with market competitiveness. Furthermore, if your business objectives are not linked to employee compensation, it sends the message that your objectives are not a real priority. This disconnect leads to low employee motivation and a poor line of sight to what is expected of them.
Compensation Strategies
We emphasize the development of an overall compensation strategy which aligns with our clients’ business goals and objectives. This strategy is about creating a difference that leads to a competitive advantage in the marketplace. We approach the design of our clients’ compensation programs from the perspective of Total Rewards in order to address their value proposition to employees and the investment they make in these programs.
We Assist Our Clients With:
Developing a compensation strategy/philosophy.
Benchmarking and developing base pay programs.
Developing and deploying short-term incentive (bonus) programs.
Creating long-term incentive programs for executives and broad employee population.
Assisiting with program communications and management.