Medicare Coverage | contract signing

Compensation

The compensation that you provide your employees plays an integral role in attracting and retaining your team. Determining the right mix of pay that aligns with your business strategy and motivates individual performance is key in achieving positive bottom line results. When creating your defensible compensation program, our knowledge and expertise will help you to achieve your business goals.

When you engage KardasLarson as your partner, we perform an assessment of your current program in the following areas:

  • Alignment of corporate compensation philosophy with business objectives
  • Review of exempt and non-exempt job classifications to ensure that employees are being paid correctly against the Fair Labor Standards Act
  • Analysis of current jobs for their content; including management’s expectations for job success

Once we identify areas of opportunity we will then:

  • Create up-to-date job descriptions which include ADA compliance language, knowledge, skills and abilities needed to achieve outstanding performance
  • Market price positions to create a salary level framework that will be competitive in the marketplace
  • Formulate salary ranges to slot positions for comparability of pay and providing an incentive for promotional opportunities
  • Create a salary matrix to use in pay for performance
  • Provide a Job Grades Mapâ„  to help your employees understand how to advance in your organization