The art of compensating employees in a competitive, yet equitable, manner is one of the most challenging roles of management. We provide you with customized tools to assist in developing and implementing a total compensation policy that will convey the organization’s philosophy while allowing you to recruit and retain a qualified work force.
Our studies have a high degree of validity and credibility because of the thoroughness of our data collection and job matching process, which includes in-person contact with professionals at each comparator agency to get our questions answered. K&A uses the CompStar database, a proprietary internal database, to house the most current and up-to-date compensation and benefits data collected by our consultants. CompStar allows us to run comprehensive reports which provide our clients with a compensation and benefits comparison to other agencies.
Each compensation study can include any or all of the following elements:
- Market Based Salary Findings
- Total Compensation Findings
- Benefit Cost Detail
- Design of a Compensation Pay Plan
- Policies and Procedures
- Private Industry Data
- Regression Analysis
- Internal Equity Analysis
- Implementation Strategies
- Summary of Market Trends.
Articles
Pension Reform: Implications on Pay
Right The Ship With Equity Adjustments