Summary
Payformance Partners Headquarter in Charlotte, NC. Pay for excellent performance
Description
Compensation
Compensation ROI can be measured in many ways. These include costs or savings associated with turnover, replacement costs, recruitment and retention, and employee engagement and productivity. Ways to measure your compensation programs include the following:
- Market Rate Analysis
- Pay Strategy Review
- Pay Equity Analysis
- Total Compensation Statements
These can provide essential information for managing costs and putting compensation ROI in perspective. Thus, they should be conducted periodically to keep your organization on track and enhance your competitive position in the marketplace.
Ultimately, a company’s compensation strategy should support and help drive the success of the business plan.
Details
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Services (Type)- Sales and Incentive, Executive Compensation, Broad-Based
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Services (Model)- Project, Managed Service/ Outsourcing
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Size of Firm- 2 to 9
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Target Market (Industry)- Various Industries
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Target Market (Client Size)- Small to Medium Business
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Target Market (Region)- United States
