RECOGNITION & REWARD
Job Evaluation
With reward issues such equal pay and equality still high on the agenda, the need for objective, consistent, transparent and relevant job evaluation continues to increase.
HR CONSULTING SOLUTIONS can provide you with the individual tools or a fully integrated solution. We can provide an evaluation framework appropriate for your business and the training on how to use it so that you can evaluate the jobs yourself or we can complete your job evaluations for you These can be linked to your performance management programme and any competency frameworks that you may have.
Finally, your reward strategy can then be anchored to it along with, of course, your selection process and succession planning initiatives.
Reward Strategy
Every organisation needs a strategy which outlines their desired market position in relation to pay and benefits. What percentile of the market is your target? Which comparators are appropriate? Is the target the same for all grades and job functions?
A well-articulated reward strategy, anchored to the business strategy provides the foundation for an integrated approach to performance management, employee engagement and business improvement. Through it's extensive experience in the field of reward, HR CONSULTING SOLUTIONS helps clients to establish a reward strategy that delivers engaged employees which in turn achieves a positive impact on retention with increased levels of employee satisfaction, leading to improved levels of client satisfaction which in turn provides profitability and growth.
Salary Structure Design and Pay Policy
Salay structures are commonly used by employers to set out the range of pay, from minimum to maximum, associated with each job grade or band. By associating each position with a grade or band, employers can use a salary structure to help manage compensation in an optimal way keeping a control on what is often the largest expense for the business. HR CONSULTING SOLUTIONS can help you implement the right policy and structures for your organisation.....................