Compensation Consulting & Research
Your organization is unique and so is the role of compensation in its culture. fpSOLUTIONS customizes and aligns your compensation programs to help make you effective, compliant, and prosperous.
With the “war for talent” raging on within job markets undergoing unprecedented change, it’s harder than ever to recruit and retain the best employees. You can’t be competitive if you don’t understand what the best candidates want and need. We’ll provide critical information and guidance to help you stand out from the crowd.
Your pay practices can be a powerful driver of your success or an obstacle to it. Properly incentivized, executives, directors, and employees are engaged and contributing to your progress, and a virtuous cycle attracts additional talent to join and further your mission.
What if your plans are outdated, misaligned, and/or out of sync with market demands?
Drawing on decades of experience, focused research and analysis, and the latest technologies, we customize compensation and benefits plans that are right for your organization and further its goals. We’re on top of the social, business and economic factors that are changing traditional employee reward systems and the raft of longstanding laws (FLSA, ERISA, the Internal Revenue Code, Equal Pay Act, OFCCP, anti-discrimination) and new state-specific requirements addressing pay equity. All of this affords us a comprehensive view and the ability to translate their impact on your workforce and determine your best path forward.
Our services include:
- Market analysis
- Reviewing compensation plans, including pay equity audits
- Structuring/restructuring compensation plans
- Determining a Compensation Philosophy
- Creating sales and incentive compensation plans that account for business needs, reflect market standards and incentivize sales teams to exceed expectations.
- Market analyses to benchmark positions, including position grades, salary ranges, FLSA exemption review
- Creating and refining job descriptions
- Hybrid work arrangements, reviews and compensation impact analysis
- Performance management
- Support for program administration
Don’t rely on cookie-cutter solutions. Let us help you get compensation right and use it as fuel for your success.
Compensation assessments and projects are custom by definition because every company is different. Call us to discuss the project scope and quote.
