HRToolbench gives HR professionals as well as
managers, supervisors and employees throughout the organization
an unprecedented level of efficiency to deal with job descriptions,
candidate selection, performance management, compensation and
succession planning.
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Competitive Salary Research
We research and analyze competitive salary practices by accessing
national, regional, metropolitan, and industry-specific compensation
data. We also conduct customized salary surveys on behalf
of client companies by gathering competitive data for unique
jobs that are not reported in published surveys. Salary data
are recorded, weighted, aged, and analyzed to project current
market target rates.
Base Salary Programs and Job Evaluation
For client organizations that value individual jobs, we develop
internal job evaluation systems and assign salary grades.
We have extensive experience in a wide variety of job evaluation
techniques, ranging from simple ranking to committee-based
job evaluation to computer-automated point factor systems.
We also develop salary grade structures that are affordable
and reflect realistic hiring rates and salary growth opportunities
for employees at all levels. A well-conceived salary grade
structure helps to reduce turnover, heighten productivity,
increase job satisfaction, and improve employee morale.
Incentive and Bonus Plans
We design and implement team incentives and gain-sharing
plans that foster clear employee understanding and
commitment to
a company’s strategies and objectives. Team performance
metrics are developed collaboratively with managers,
supervisors, and employees. Customized instructional
materials and computerized
modeling of potential incentive awards are integral
tools in our consulting process.
Sales Commissions
To help companies assure sales force enthusiasm and retention,
we design and implement sales incentive plans. As part of
the design process, we carefully assess the type of products
and services being sold, degree of selling difficulty, sales
objectives, internal equity of sales staff compensation,
and competitive sales compensation practices. We also address
the degree of sales effort required to maintain established
customers, as compared to developing entirely new customers.
Our sales incentive plans reflect an appropriate balance between
fixed base salary and variable sales reward.
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Competencies
and Detailed Behavioral Anchors
We design custom competencies and competency models for client organizations
in collaboration with our alliance partner, The
Odyssey Group, Inc. Each competency
includes a core definition as well as five pre-defined levels of proficiency
-- or behavioral anchors -- to enable more precise alignment of competencies to
an individual job.
Through our alliance with HR
Technology Solutions, Inc., the vendor of online human capital management tool HRToolbench,
we provide an online job description module that includes comprehensive
libraries of proprietary General and Function-specific competencies.
Competencies can easily be configured and assigned to each
job. General competencies reflect the core behaviors or skills
that are required by all employees for organization-wide success.
Function-Specific competencies reflect the job-specific behaviors
and technical skills required for individual job success. Employees
not only understand what competencies are required of their
jobs, but also the target proficiency levels required for job
success. This approach enriches the competency information
associated with each job description.
