A Total Compensation Assessment involves reviewing the compensation plans in place in a particular company with a view towards effectiveness and cost-efficiency. The review should include the following:
- Analysis of current Compensation Program in relation to the stated Compensation Philosophy and Strategic Business Plan
- Comparison of compensation practices to peer companies
- Recommendations covering modification of the current Compensation Program, if necessary
- Assistance with successful implementation of the new program(s)
To find out more on how Compensation Resources can help your company with a total compensation assessment, please contact:
Mary A. Rizzuti, CCP, PHR, SHRM-CP
Partner
mrizzuti@compensationresources.com
201-710-6476
Diana D. Neelman, CCP, SHRM-CP
Senior Director
dneelman@compensationresources.com
201-710-6477
Sara Schmidt, CCP, PHR, SHRM-CP
Director
sschmidt@compensationresources.com
201-710-6478
