Employee Compensation Benefits

Employee, Executive Compensation and Benefits with HR Consultants

Compensation is about more than just a flat salary. Additional benefits also need to be considered. Benefits such as:

  • Stock Options
  • 401(k) Plans
  • Medical Insurance
  • Dental Insurance
  • Paid Time Off (PTO)
  • Equity in a Company
  • Phantom Stock
  • Stock Appreciation Rights
  • Restricted Stock Grants
  • Life Insurance
  • Short-Term Disability Insurance
  • Long-Term Disability Insurance
  • Leaves of Absence
  • COBRA
  • Employee Health and Wellness
  • Market Pay for Any Job

These, and other employee perks, can make the difference between a great employee coming and staying to work with you versus choosing another employer, so it is well within your company’s interest to have the help of an HR expert who is well-versed in these and other aspects of compensation and benefits.

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Compensation Management as Employee Engagement and Motivation

The human resources professionals who consult through Human Resources Pro are experienced and skilled in both carrying out and training others to carry out the following functions:

  • How to answer employee’s questions tactfully.
  • Developing and communicating a company-wide compensation philosophy.
  • How to communicate salary expectations and compensation.
  • How to create performance-linked compensation.
  • How to use compensation as a motivator and not a de-motivator.

 

If you or your HR consultant can manage these expectations with your employees, the ‘taboo’ around discussing pay and other compensation is reduced, creating a more comfortable work environment where people understand why they are paid what they are, and what they can do to improve. This results in positive outcomes for both your business and your employees.

Other Compensation Factors

Larger organizations can also have some more complex compensation and benefits questions. Human Resources Pro can help you with:

Job Pricing

  • What does the market say a specific job is worth?
  • We provide market pay data for one job or as many jobs as you need. 

Pay Administration

The actual process of paying employees and how it can be affected by:

  • Merit increases (More employee motivation!)
  • Promotional increases
  • Off-cycle pay adjustments

Job Descriptions

As mentioned on our Organizational Development page, there are many benefits to having job title naming conventions. Tying compensation to the job title hierarchy also helps employees with:

  • Role definition.
  • Understanding of job duties and responsibilities.
  • Qualifications tied to a position.
  • A better work environment due to clear communication.

Variable Pay

We understand your business is unique and not every position benefits from the same types of compensation, so we also consult on:

  • Management bonus plans.
  • Sales incentives.
  • Recognition and reward programs.

Executive Compensation

Upper management and C-level positions tend to have more complicated pay structures.

Other Compensation Factors

Larger organizations can also have some more complex compensation and benefits questions. Human Resources Pro can help you with:

Job Pricing

  • What does the market say a specific job is worth?
  • We provide market pay data for one job or as many jobs as you need. 

Pay Administration

The actual process of paying employees and how it can be affected by:

  • Merit increases (More employee motivation!)
  • Promotional increases
  • Off-cycle pay adjustments

Job Descriptions

As mentioned on our Organizational Development page, there are many benefits to having job title naming conventions. Tying compensation to the job title hierarchy also helps employees with:

  • Role definition.
  • Understanding of job duties and responsibilities.
  • Qualifications tied to a position.
  • A better work environment due to clear communication.

Variable Pay

We understand your business is unique and not every position benefits from the same types of compensation, so we also consult on:

  • Management bonus plans.
  • Sales incentives.
  • Recognition and reward programs.

Executive Compensation

Upper management and C-level positions tend to have more complicated pay structures.

Whatever your business’ human resources needs, Human Resources Pro has qualified, experienced HR consultants who are ready to help. To learn about the human resources areas we cover in addition to employee compensation and benefits, please see our Services Page. We offer full-service and a la carte consulting, custom-built to your company’s requirements. Contact us today to learn more.

If you’re a human resources (HR) professional and would like to launch or grow your HR consulting business, then join the HumanResources.Pro community today!