Compensation, whether in cash, benefits or in other forms, represents a significant portion of the value proposition to prospective and current employees.

It is important to develop a philosophy related to total compensation and rewards as this will serve as guidance in determining how to pay people as they are hired for the firm.

The elements of Total Compensation and Rewards are:

• Base compensation programs

• Incentive compensation programs

• Equity compensation programs

• Welfare benefit programs [medical plan, dental plan, life insurance plan, etc.]

• Retirement programs

• Executive compensation and benefit programs

• Paid time off

• Work-life benefits

• Recognition

• Career opportunities

Focused Assistance

Whether you need to develop an entire organizational strategy, or simply need help and professional advice to implement one or two components, consider the experts at Organizational Architecture.

Need More Information?

Contact the professionals of Organizational Architecture today to see how they can help your organization grow.

330.554.7144 or oa@oahumanresources.com