Idomeneo » Compensation Planning
Compensation Planning
It’s 2:30 on an exceptionally hectic Monday, you have a 4:00 presentation with an important prospect, your IT person thinks the web site might be down for the next two days and your Office Manager just poked his head in the door and said he needs to speak with you. He has been talking to some friends and they tell him the job he is doing pays $10,000 more at other companies – he wants a raise. What are you going to do, how are you going to respond? He is the backbone of office – but $10,000 more in salary! Is that really the going rate?
Determining the salary level of a job involves many factors; job responsibilities, market rates, value of the position to your company, other salaries in your organization, and your overall ideas about compensation. It isn’t possible to evaluate all those factors on the spot. So what do you do when a valued employee asks for a heady raise? The answer: prepare before the situation arises.
Idomeneo’s compensation planning gives you the tools to respond to raise requests, plan budgets and win new talent for your organization.
- Salary Ranges
- Position Compensation Evaluation
- Bonus Programs
- Variable Pay Systems
- Options Programs
- Performance Management Programs
- Compensation Planning and Development
We will design and maintain a compensation strategy compatible with your business and budget objectives.
