Base pay is a crucial area of HR management and one that can significantly affect employee behavior. In order to remain efficient, compensation must be perceived by employees as fair, competitive in the market and easily understandable.
Compdata Consulting is poised to help design a pay structure based on an updated and approved compensation philosophy, and one that is grounded on detailed job analysis, structure design and implementation. In addition, Compdata Consulting will analyze the organizational impact while presenting alternatives for designing or updating the current base pay structure. These recommendations will integrate all the key compensation elements to ensure a successful program that will recruit, motivate and reward current and newly hired employees.