Broad-based Compensation & Merit Planning
Broad-based Compensation and Merit Planning encompasses strategies to reward a wide range of employees based on their performance, ensuring equitable pay structures that align with organizational goals.
Total Compensation Analysis: base salary, annual and long-term incentives (LTI)
Incentive Plan Design: Create/redesign annual and long-term incentive plans for both public and private companies
Annual Planning Process: Set budgets, process, communications and run the cycle
Salary Structures: Develop market-based salary structures
Job Leveling: Establish job levels and align existing positions
Pay Equity Analysis: Review compensation data in light of age, ethnicity and years of experience
Retention strategies: Develop compensation-based retention strategies such as project completion bonuses, spot awards and off-cycle LTI grants
Invest in your people. Successful business is built on the backbone of a satisfied, dedicated team.
Find out what a partnership with DTR can do for you…