Compensation and Benefits
Our team has expertise developing effective compensation programs that increase workplace satisfaction and productivity. We work with organizations to benchmark their existing compensation and wage structures against robust wage survey data to help ensure that employees are paid at or near market value, both geographically and within high demand (high turnover) job titles.
In addition, we assist organizations who believe they may have pay disparity issues between long-tenured staff whose wages may lag behind the market value being offered to newly hired staff. Identifying these issues and recommending solutions that make business sense is our objective. We also benchmark wage and benefit ranges for newly created positions within expanding organizations.
A full consultation with GHRC will help your organization develop effective benefit programs that increase workplace productivity and satisfaction. We work with organizations to take a fresh look at their total benefits offering.
In some cases, we survey the employee population to learn what is valued, such as a better dental plan as opposed to a retirement plan to allow the organization to determine how best to allocate the benefits dollars it to spend. We can work with the business and their insurance broker to review insurance plan designs to get the best value for the money spent to offer a competitive benefits package to attract and retain key talent (in challenging recruiting times when unemployment rates are low).