Compensation

Show Me The Money

Are you paying your employees properly?

Our firm deals with the most complex and sensitive issue in Human Resources that employers face today.   Organizations struggle with controlling labour costs while at the same time providing compensation programs that are competitive in the marketplace, attract and retain skilled employees, and are considered equitable within the organization.

Compensation management requires a tight balancing act between meeting the needs of employees for competitive salaries and internal fairness, as well as being conscious of budgets and the bottom line.

McConnell HR Consulting solves this dilemma.  We assist clients by providing customized, strategic compensation consulting that links compensation to individual and organizational success.

Our compensation services include:

• Compensation and Total Rewards Strategy
• Job Analysis/Position Profiles
• Salary Administration and Classification
• Statistical Analysis
• Base Pay Structures

We provide a variety of Compensation Management Services, including:

Compensation and Total Rewards Strategy

• Development of a total compensation strategy
• Determination of a complete rewards and recognition program

Job Analysis/Position Profiles

• Documentation of work activities, behaviours and skills
• Development of position profiles for recruitment, orientation, performance management,  and compensation purposes

Salary Administration and Classification

• Assessment of the validity of existing programs
• Determination of ranking and the internal value of jobs
• Alignment of jobs to a pay structure
• Evaluation of the competitive market values in your business sector
• Establishment of market position
• Outsourced job evaluation services Statistical Analysis
• Development of regression analysis of pay data for internal equity
• Identification of pay inconsistencies
• Assessment of policy line relative to the market

Base Pay Structures

• Design of base pay and salary range
• Determination of guidelines for administering salaries based on performance and competencies

Job Analysis/Position Profiles

• Documentation of work activities, behaviours and skills
• Development of position profiles for recruitment, orientation, performance management and compensation purposes

Interested in our customized compensation consultation? Click here to contact our staff and request a meeting.