Renewed HR

Employee Compensation Strategies
What is your compensation strategy? Does your program include base pay and variable compensation? What about other incentives? Are you paying competitive wages? Let’s look at industry specific Wage and Salary Surveys and create a compensation strategy that works for your business.

Let us help you build your compensation strategy and build a fair and equitable structure for your teams.

We will work with you to manage your salary and bonus review cycles.

Pay for performance? We can work with you to tie compensation increases to performance reviews.

Do you have a bonus structure? We can help you to identify Key Performance Indicators that will become the measurement on which your bonuses are based, ensuring that your teams are focused on delivering, and aligned with corporate goals and objectives.

Is your Sales Team tied to commissions? Do you have proper Commission Agreements? We can help develop and distribute these as well.

Do you participate in various Salary Surveys? We can help with the data and analysis so that you have the information needed when it comes to verifying where your employees stand in the market.

Looking to do market adjustments for various teams? Let us help you to benchmark positions and industries.