Compensation is the primary reward employees receive in return for their on-the-job performance. Compensation constructs include base salary and all financial and non financial benefits that an employee has opportunity to receive. Effective compensation systems will take into account pay equity and will include carefully designed incentive structures that motivate and reward employees who perform.
The ENGAGE HR team has worked with organizations to understand their compensation philosophy and create structures that are sustainable for their bottom line over the longer term. Aligned, reward and recognition programs are a key component that works to tie employee behaviour and their subsequent performance and reward to actual, measurable business results.
- Surveys and Benchmarking
- Job Evaluations / Job Analysis
- Incent and Bonus Plans
- Benefits Structuring
- Pay Equity