Understand your position relative to the market
Identify internal equity considerations
Be prepared for future salary trends
Experienced HR professionals who understand your challenges.
During the pandemic, employees began to take a critical look at how they were paid and the benefits they enjoyed from their employers. Lured by higher salaries and other perks their organizations weren’t providing, many have resigned. As an employer in this new environment, it’s critically important that you’re compensating employees appropriately. Rely on our team of experienced HR professionals to provide market-driven research and analysis so you can move forward with confidence.
A research-based approach tailored to your organization’s unique needs and position in the market.
- Interview(s) with key stakeholders to understand current pain points, collaborate on solutions and further define compensation strategy and outcomes
- Review of current compensation policies, practices and applicable pay schedules, to include incentive(s) and/or bonus program(s)
- Review organizational profile including most current organizational chart and benchmark positions included in assessment
- Gather data necessary to conduct a salary analysis of selected benchmark positions
- Conduct compensation analysis
- Assist with development of pay structure(s) that support the organization’s wage strategy
- Evaluate internal equity within approved pay structures
- Advise the organization in the development of policies and practices that will support the maintenance of the program beyond the initial implementation
“HoganTaylor helped us fulfill our mission and their work will help us continue to fulfill our mission. Now we have a structure that allows us to help people grow and reach their full potential inside this organization. We're stretching and growing in terms of our ability to fight hunger and they provided the infrastructure we needed to do that better.”— Stacy Dykstra,Chief Executive Officer, Regional Food Bank of Oklahoma
Let’s work together.
Talk to a HoganTaylor Expert
Have a conversation with our experienced advisors. We listen, get to know you, your organization, and your goals.