MANUFACTURING COMPENSATION

Overview:

Manufacturing companies provide a broad range of products to other businesses and to consumers directly. As demands change, manufacturers need to adapt internal processes and marketing strategies in order to continue to remain relevant in an ever changing environment. Compensation programs must be structured to attract and retain the right talent, while being flexible enough to respond to market influences.

As compensation consultants, Compensation Resources understands the need for manufacturing companies to design pay programs that facilitate quick and efficient responses to the shifting demands of the industry. Our compensation consultants have extensive experience in conducting market analyses to ensure that clients maintain parity with the market and offer competitive pay packages to their employees. We have provided compensation consulting services to electronics, construction, durable, nondurable, food, machinery, and parts manufacturers, from the production floor to the leadership team.

The services that we provide include, but are not limited to:

• Base Salary Administration
  • Salary Structure Design
  • Staff Compensation Studies
• Board of Directors’ Compensation Studies and Advisory Services
• Executive Compensation Studies
• Incentive Plan Design
  • Annual Incentive Plan
  • Long-Term Incentive Plan (LTIP)
• Job Description Development
• Market Pricing / Salary Data
• Performance Management Programs
• Sales Compensation Program

We are available to answer any questions you may have and to provide the necessary compensation consulting support to your organization. For more information, please contact:

Mary A. Rizzuti, CCP, PHR, SHRM-CP
Partner
201-710-6476

Sara D. Schmidt, CCP, PHR, SHRM-CP
Director
201-710-6478