Services Provided

The right compensation plan is critical to attracting, retaining and motivating employees and ensuring a productive and profitable workplace. Plans need to be fair, equitable, and in compliance with discrimination laws. Human Resources Strategies, Inc. has the experience and critical skills necessary to evaluate your current plan. The evaluation includes recommended changes and modifications where appropriate or the design and development of a new plan customized for your organization. We can create the right compensation plan for all levels of employee, including production, administrative, supervisory, technical or executive. Plans will include design recommendations, development, testing, communication and implementation.

Wage and Salary Administration

Job Analysis and Job Description Development
Job Evaluation Studies
Benchmark Market Pricing
Development of Salary Grades
Development of Merit Increase Guidelines tied to Performance
Development of Wage and Salary Administration Policy Manual

Short Term Incentive Plan Design (Up to One Year)

Identification of Performance Measurements and Thresholds
Identification of Plan Participants
Development of Target Incentive Levels
Computer Modeling and Testing
Plan Documentation
Production, Management and Sales Plan Design

Long Term Incentive Plan Design (Over One Year)

Cash and/or Equity Based Plans
Identification of Appropriate Plan
Identification of Payout Levels
Extensive Computer Modeling and Testing
Plan Documentation including Deferral Arrangements
Executive, Senior Management and Key Employees

Executive and Board of Director Studies

Executive Market Pricing studies including Proxy Statement reviews
Development of Total Compensation Packages for Executives
Board Member Compensation
- Annual Fees
- Committee Meeting Fees
- Committee Chair Fees
- Per Meeting Fees

Other HR Activities

Policy Manual and Employee Handbook Development
Development of Performance Management Systems
Performance Management Training
Design and Development of HR databases


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	Services Provided The right compensation plan is critical to attracting, retaining and motivating employees and ensuring a productive and profitable workplace. Plans need to be fair, equitable, and in compliance with discrimination laws. Human Resources Strategies, Inc. has the experience and critical skills necessary to evaluate your current plan. The evaluation includes recommended changes and modifications where appropriate or the design and development of a new plan customized for your organization. We can create the right compensation plan for all levels of employee, including production, administrative, supervisory, technical or executive. Plans will include design recommendations, development, testing, communication and implementation. Wage and Salary Administration Job Analysis and Job Description Development Job Evaluation Studies Benchmark Market Pricing Development of Salary Grades Development of Merit Increase Guidelines tied to Performance Development of Wage and Salary Administration Policy Manual Short Term Incentive Plan Design (Up to One Year) Identification of Performance Measurements and Thresholds Identification of Plan Participants Development of Target Incentive Levels Computer Modeling and Testing Plan Documentation Production, Management and Sales Plan Design Long Term Incentive Plan Design (Over One Year) Cash and/or Equity Based Plans Identification of Appropriate Plan Identification of Payout Levels Extensive Computer Modeling and Testing Plan Documentation including Deferral Arrangements Executive, Senior Management and Key Employees Executive and Board of Director Studies Executive Market Pricing studies including Proxy Statement reviews Development of Total Compensation Packages for Executives Board Member Compensation Annual Fees Committee Meeting Fees Committee Chair Fees Per Meeting Fees Other HR Activities Policy Manual and Employee Handbook Development Development of Performance Management Systems Performance Management Training Design and Development of HR databases
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