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The Employers’ Association serves regional employers in their efforts to maximize performance; providing people management information, research, training and consulting expertise. |
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To be the regional association of choice for employers interested in maximizing their Human Resources and Organizational Performance. |
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Compensation System Design
Customized Consulting and Training
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| Your Convenience |
You choose the schedule and location. |
| Your Culture |
Using a team-authored approach, each program is customized. |
| Your Savings |
EA Members save on every program. |
| Your Success |
Practical, research driven consulting gives you the tools for success. |
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You will find your Compensation Program even more
beneficial when you review appropriate benchmarks
and an outside party has verified internal equity .
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The Employers’ Association, in cooperation with other organizations, provides compensation and benefits consulting and system design.
Whenever possible, we recommend a participative model in the development of a compensation structure. The development of a Compensation Program can best be viewed as an excellent communication tool - a tool allowing for the two-way flow of ideas and concepts of job performance and job expectations - between management and staff. The following procedural steps are used when developing pay and performance management systems:
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Data Collection
Data Analysis
Development of competitive pay ranges and graphic representation
Its serious business, very specialized, and you need to know the law.
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Compensation Program Development and Implementation
The Intent of a compensation program is to:
Ascertain that individuals performing work for the organization are appropriately recognized and
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competitively compensated for their efforts.
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Design and implement a predictable, consistent method for employees to move through
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established pay ranges, based on their individual performance, to a level which is appropriate for their skills and demonstrated abilities. |
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Compensation system design’s proven processes are designed to help your compensation program provide:
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- The ability to attract and retain qualified workers.
- Internal Equity within the Organization.
- External Equity for similar positions in organizations about the same size and type within the geographic region.
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- Motivation and reward for performance.
- Predictable control over payroll costs.
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Your employees are your most important resource. Ensure that you have a fair, equitable system that links individual performance, the organization’s ability to meet or exceed established expectations, and/or the employee’s contribution to exceeding organizational success. |
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