Compensation Planning & Design
Compensation Programs
Compensation program planning and design is a critical concern for every business. Organizations need to ensure that employees are being compensated fairly, both within the organization and compared to the external labor market. Lavinski|Hayes can help you develop and implement compensation programs that are equitable and affordable.
Features
- Establish compensation objectives and philosophy to include competitive position in the labor market and total cash compensation mix
- Conduct an external compensation analysis including salary surveys, data research and analysis, and cost analysis
- Create base pay structures and consistent titling systems that ensure equitable pay practices across the organization
- Design incentive plans that align individual, department and company performance objectives with appropriate business drivers and weightings
- Incorporate the performance management system into compensation programs for a pay-for-performance model
- Develop communication materials including compensation guidelines and training presentations
- Conduct extensive cost modeling and analysis of existing and new compensation programs to maintain control of labor costs
- Develop job evaluation tools to ensure consistent and fair administration of compensation programs
Benefits
- Pay competitively to the market to help attract, retain and motivate employees
- Ensure pay is internally equitable across the organization
- Drive organizational results
- Ensure consistent and fair administration of compensation programs
- Help control labor costs
Job Descriptions
Job descriptions are an important human resource management tool that serves as the basis for many employment-related decisions. However, due to time constraints, they are often low on the management team’s priority list. Lavinski|Hayes can help you develop these important tools.
Features
- Gather relevant job information from your employees
- Interview selected employees for organization insights
- Write drafts and/or updates for review with the management team
- Recommend organizational changes as appropriate
- Provide documents to you in hard and soft copy
Benefits
- Provide a basis for compensation programs, workforce planning, performance reviews, and organizational structuring
- Aid in recruitment, hiring and placement
- Help ensure ADA compliance
Performance Appraisals
Effective performance appraisal systems rely on job descriptions to clearly define performance expectations and to assign appropriate levels of responsibility. In turn, these expectations and responsibilities serve as the basis for managing the performance of your employees. Lavinski|Hayes can enhance the effectiveness of your performance systems.
Features
- Ensure day-to-day job descriptions are in place
- Determine specific business needs
- Develop forms and procedures specific to your organization
- Conduct manager training to enhance program success
- Monitor the process to ensure timeliness and to provide support
Benefits
- Better clarify job functions, responsibilities and expectations
- Provide a development tool for employees
- Promote communication between employees and management
- Reinforce and clarify organizational goals
- Provide a basis for merit increases and incentive awards