Compensation and Benefit Design

Are your employees highly motivated? Is employee moral in your company at a high level? If the answer is no, you might look at whether your company has a competitive compensation plan. Compensation and benefits plans are designed to help companies attract, retain and motivate employees. The trouble is, they are also very complex to develop and implement. Northeast HR for Hire can save you time and money by helping you design plans that fit your employee's needs.

• Fair to the individual and the company
• Internally equitable based on job duties
• Externally competitive based on required skills
• Performance based
• Understood and accepted by both management and employees

We can design or customize systems that include salary compensation programs that are pyramided on wage and salary administration based on job descriptions.

Our consultants have experience in designing bonus and gain-sharing programs based on the goals and objectives of the company. We have designed programs based on safety, financial, and qualitative measures.

We have experience with Six Sigma performance plans.

Our consultants can assist your company in evaluating your current benefits plan design based on employee demographics, cost or service access.

Our experts are trained in various job evaluation processes and can determine how the duties of the positions fit the compensation models.

Some major pitfalls businesses encounter with employee compensation and benefits plans are poor management of the plans overall and a lack of communication with employees regarding the plans. Benefits administration is constantly changing.

Northeast HR for Hire can help your business navigate through the complex maze of regulations, compliance, documentation and management of your employee plans.