Total Compensation Strategy Development Philosophy – Guiding Principles – Program Design – Integration of Pay, Rewards, Incentives, and Equity Plans – Link Performance and Contribution to Rewards Supporting Business Plans/Goals.
Total Compensation Program Review & Audit Compensation Positioning and Assessment for Board of Directors, Executives, and Broader Employee Groups – Determine Internal Job Equity and External Market Competitiveness.
Programs Providing Individual Rewards Base Salary – Merit/Performance Increases – Bonus and Short Term Incentives – Sales Incentives – Long Term Incentives Including Stock Option, Restricted Stock, Performance Shares, Phantom Stock, and Other Alternative Reward Programs.
Programs Providing For Capital Accumulation, Health & Family Security Profit Sharing – Employee Stock Purchase Plans – Deferred Compensation Plans including 401(k), 403(b) Plans – Medical, Dental and Vision Plans.
Programs Providing For Time Off Vacation – PTO – Holiday – Flexible Time Off Schedules – Telecommuting Plans.
Regulatory & Administrative Consistency Policy and Procedures – Job Descriptions – Retention and Severance Agreements – Employee Handbooks – Performance Development and Evaluation Plans.