Your total compensation system is critical to how well you recruit, retain and engage your people. From an executive/management perspective, comp and benefit decisions are complex because they involve competing values: attracting great workers while at the same time keeping payroll costs within budget.
From an employee point of view, compensation is not simply a source of economic livelihood, but it shapes their perception of fairness, it becomes a component of job satisfaction, and it serves as a measure of job status when comparing themselves to other workers.
Why should your organization take an in-depth look at your total compensation and benefit offerings?
Steps to Alternative HR’s Compensation & Benefits Analysis:
If your compensation is not attracting quality applicants or not keeping productive employees, give us a call at 605.335.8198. We’d be happy to work with you to discuss your comp and benefit needs, identify options and consider solutions!