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Do you know how to determine the essential functions of a
job? What elements should your position descriptions contain
to be ADA-compliant? Are you paying your employees competitive
salaries? How do you link pay to performance and reward high
performance in your organization? How much should you spend
on salary increases each year?
In addition to meeting your
staffing needs, The HR SOURCE's consulting division, CompSOURCE,
can help you find the answers to these questions by providing
compensation solutions tailored to your organization's needs.
Our consulting solutions are ideal for those firms that do
not have an in-house compensation professional, or when you
need services that cannot be provided by your internal staff.
We
Provide Solutions
CompSOURCE can provide you with business solutions
that address the full range of compensation needs in your
organization. Our menu of services all begin with a thorough
review of the marketplace to define the best practices and latest
trends in compensation:
Position Description Development:
CompSOURCE consultants can prepare comprehensive,
legally-compliant position descriptions for every job in
your organization.
Job Analysis:
Our consultants will utilize a number
of commonly known methods (job ranking, job classification,
factor comparison, point factor evaluation), to determine
positions in your organization for their worth and value.
Marketing Pricing:
Compensation Studies:
CompSOURCE will gather data from a number of respected and
reliable national, regional and local survey sources to
provide you with external compensation data about the positions
in your organization. You can use this data to determine
your competitive stance in the marketplace.
Development of Custom
Surveys: For those positions in your organization which
are industry-specific, CompSOURCE consultants can develop
a customized survey of those jobs, targeting those companies
with whom you want to compare yourself.
Compensation Program Development:
Compensation Philosophy:
Where do you want your firm to be relative to similar firms
in the marketplace? What behaviors, results, and skills
are valued and rewarded in your firm? HR CONSULTS professionals
can help you develop the compensation philosophy that will
be the foundation for your compensation program.
Base Pay and Incentive
Program Development: We'll look at the two key elements
of any compensation program, base pay and incentive, to
help you create programs that maximize your budget dollars.
Let us help you create a compensation program that recognizes
high performance, rewards business results, and one that
assists you with creating or re-inventing your corporate
culture through programs that reward the behaviors that
you want to reinforce in your organization.
Annual Program Administration:
Once CompSOURCE has developed your compensation and incentive
programs, you'll need to administer them throughout the year.
CompSOURCE consultants can devise administration tools and
materials (merit budgets, salary matrices, management guides,
etc) to assist you with implementing and maintain your
compensation until our services are needed again.
Performance Management
Systems:
Turn your performance evaluation process into a meaningful
event for both your employees and your company. Let the
consultants of CompSOURCE develop a performance management
system which links pay to performance and encourages employee
participation in the evaluation process. We'll develop the
metrics needed to equitably compensate all your employees.
CompSOURCE professionals
will train your managers on the implementation and administration
of a performance management system. You can offer your employees
greater participation in the overall process through self-assessments.
Managers will learn how to establish performance standards,
and provide coaching and feedback on how to get the staff
to think critically about their own performance. We'll also
show you how to use the information provided in self-assessments
to write a performance appraisal and conduct a performance
discussion.
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