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Compensation Consulting
ECI's compensation consultants:
  • assure clients that their compensation expenditures are appropriate and effective;
  • help employers develop programs that provide base pay to diverse groups of employees "fairly" (considering such things as job complexity, responsibility, working conditions: salary increase procedures; performance appraisal programs);
  • assist management in developing schemes to incent employees to behave in specific ways and/or achieve certain results (cash and stock based incentives);
  • guide organizations in locating information to help them evaluate the competitiveness of their pay programs;
  • develop analyses of client's total compensation and benefit packages which will answer questions such as:

    Is your Organization's compensation program:

    Aligned with your mission? Coordinated?
    Right for today's market? Competitive?
    Efficient to Administer? Understood?
    Well Received? Current?
    Cost Effective? Broken?
    Appreciated? Legal?


    Supporting your organization's overall mission/goals?

  Some of our "tools" are:

  • job analysis - determine what incumbents in a job actually do
  • interviews -  with BOD members, key executives, professionals and additional staff to understand corporate culture
  • salary administration documentation
  • surveys - compensation surveys/proxy analysis/attitude surveys/custom surveys
  • external support (published surveys/SEC lawyers/ compensation software providers plus many other disciplines of ECI Associates).

Refer to Compensation FAQs and the "Consulting Projects" category, which can be found on the navigational menu to your left, for more information.

 


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