The need for formalized base pay management is imperative to a company’s operational efficiency. Salary administration (also referred to as base pay administration) provides structure to compensation initiatives through conducting competitive benchmarking, developing salary structure and drafting salary administration manual for validity and consistency of salary decisions.
Develop a Compensation Strategy – We gather information through direct interviews regarding the pay philosophy of the organization, and thereafter develop the proper compensation strategy. The compensation strategy serves as the foundation for developing the base pay administration program as well as other compensation initiatives.
Develop Base Pay Administration Program – We would undertake the following steps to develop the appropriate salary administration program:
Prepare Implementation Plan – We will prepare formal documentation for proper administration that enables the company to:
Thereafter, we will assist with implementation and communication, including:
To further discuss your salary administration needs, please contact:
Mary A. Rizzuti, CCP, PHR, SHRM-CP
Diana D. Neelman, CCP, SHRM-CP
Sara Schmidt, CCP, PHR, SHRM-CP