Annual salary is one of the most important yardsticks by which employees measure success and compare themselves to their peers.
As 2012 draws to a close, businesses get serious about setting goals that improve their bottom lines for next year.
Similarly, employees get serious about setting their goals at this time of the year. Usually at the top of an employee’s list of goals is “improve my bottom line” (i.e, take-home pay).
HR POINTER: Keeping employees’ salaries competitive with the market is one of the keys to retaining employees.
Times have been tough and most businesses have been unable to provide salary increases, but now is the time to do a “Pay Scale Checkup” or at least begin planning for compensation and other non-monetary changes to help retain valuable employees in 2013.
We offer a Pay Scale Checkup for 2013 that includes a one (1) hour consultation (on-site or via phone) to discuss our analysis of your pay structure and address specific issues in your distribution of salaries related to:
*Anchor vs. Non-Anchor Jobs
*Market Availability of Anchor Jobs
*Market Rates and Benchmarks for Anchor Jobs
*Financial Strategies for Rewarding A-Players
*Non-Financial Strategies for Rewarding A-Players
*Compensating B-Players While Maintaining Motivation
*Pay Grade Differentiation Between Managers and Employees.
The Pay Scale Checkup is a one-time investment of $95.
If you are interested in learning more about our Pay Scale Checkup, please contact the Member-Partner that is closest to your geographic area.