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Compensation

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Compensation

The key to staff retention is ensuring equitable and competitive compensation programs. This helps keep key personnel engaged, ensures compliance with pay equity requirements, and lets you incentivize staff according to performance. Compensation is a key investment in achieving corporate performance goals.

HR-on-Demand has extensive experience and specialized expertise in a wide range of compensation issues: from conducting competitive research, to establishing non-monetary reward programs.

Check out the sections below to see how HR-on-Demand can help you retain key performers, and improve productivity to achieve your strategic goals.

Compensation Study
Incentive Plans
Recognition Programs
Equity Compliance

Structuring Compensation

HR-on-Demand can provide focus in determining the strategic positioning of compensation within your organization, and ensuring that related programs support the strategic position. Any or all of the following components may be included:

Compensation Policy and Philosophy

Establishing the corporate compensation philosophy
Writing policy and procedures related to the compensation philosophy

Market Surveys & Analysis

Specific, targeted surveys to establish competitor salaries
Reviewing and analyzing market salaries to establish appropriate positioning

Job Evaluation Program

Creating/updating a job evaluation manual
Training and facilitating job evaluation committees
Creating a job hierarchy

Salary/Job Range Structures

Determining job grades
Establishing pay policy
Creating salary ranges - minimums, mid-points and maximums
Populating the ranges
Variable Pay Plans

HR-on-Demand maintains an extensive Talent Bank of people with senior project Human Resources skills for application to the variable needs of your business, on demand, only when you need them!

We are located at 150 Consumers Road Suite 508, Toronto, ON, CANADA.

To contact us click here.

HR-on-Demand has extensive sector experience which allows us to fully customize each of the services listed for:

Small-Medium Sized Businesses

Large Businesses

Institutions

Municipalities

Absence & Attendance Management
Assessment & Coaching
Change Management
Compensation Plans
Disability Management
Due Diligence
Employee Engagement
Equity Compliance
HR Diagnostics
HR Strategy
Incentive Programs
Interim Placement

Labour Relations
Leadership Development
Learning & Development
Mediation & Facilitation
Organizational Development
Performance Management
Policies & Procedures
Project Staffing
Recognition Programs
Retention Planning
Succession Planning
Workload Assessment