Revision of the Total Compensation Package
A competitive rewarding system as a starting point for a successful business
Revision of the Total Compensation Package represents a series of steps in the process of designing and implementing a proper employee reward system. The study is based on renowned Hay methodology, which includes the assessment of the professional challenges of the job position, the competencies needed to solve them effectively and the contribution of the position to the success of the organization.
The most significant benefit is the objective evaluation of the business, which enables the creation or optimization of a fair Compensation & Benefits system, aligned with market trends and the client’s overall strategy. These actions have the effect of increasing employee satisfaction and engagement in achieving company goals.
The study results affect:
• Optimization of Compensation & Benefits system
• Competitive market position in attracting and retaining talents
• Employee motivation and engagement
• Employee retention
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