Salary and motivation system implementation
Get the most effective pay-for-performance system, motivations and bonuses based on your budget and resources.
Development of compensation policy, Compensation system audit, Job evaluation, setting internal hierarchy of job positions
Development of base salary system Development of criteria for individual compensation, Comparison of the compensation level in the organization with the labour market
Development of criteria for variable part of the compensation, Development of bonus system based on results
Development of calculation formulas based on the overall budget and available ranges of fluctuation.
Fair compensation system is one of the main tools for motivating employees to reach the targets. It organizes work environment, set clear and just system, unifies principles for determining compensation for various job performers.
The aim of the compensation system is to set clear and understandable principles for how much, to whom and for what to pay, so that employees are motivated to improve their performance, achieve the set targets and at the same time receive fair compensation, corresponding to the labour market and organization capabilities.
Our experts have developed job evaluation methodology and have been implementing it in various organizations, also provide consultations on compensation and development of compensation systems.
Our aim of compensation system development is to help arrange principles to determine the compensation that is internally fair, motivating and corresponds to organization’s capabilities.