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Compentation Survey & Research

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Compentation Survey & Research

This service is target to bridge the gap between employers and employee arises for the better package, incentives, facilities etc. Our team makes it strong case in point to highlighting employer/ employee satisfaction by displaying compensations, which are in line with requirements and capacities. The key instrument in a practitioner's strategy to attract and retain key employees is the compensation survey.

A properly designed survey can provide an important benchmark of competitive pay rates, pay ranges, and commission and incentive plans, providing both the business owner and the staff with a sense of how effectively a firm's compensation program stacks up against other firms. Successful firms develop and consistently monitor compensation plans for staff members, using compensation surveys as a tool. They then use the survey as the best indicator of competitive compensation practices.

The process is structured as follows:

  • Client Sponsored Compensation Survey
  • Compensation structuring/ Restructuring
  • Functional Benchmarking of Salary
  • Position Benchmarking of Salary
  • Compensation Related Aspiration Survey
  • Appraisal Management and Review
  • KRA Fixations and Review
  • Increment Trends