From corporate vision and mission, and business strategy; we help our clients in preparing the strategy and designing the remuneration programs that better fit client’s requirements as it refers to personnel, costs and work environment.
Total Remuneration challenge lies in the appropriate combination of four key elements on which we based our conceptual and methodological orientation:
When designing Total Rewards Strategy, our analyses consider factors linked to ongoing work market conditions, business competencies, laws, regulations and technological components.
Compensation
Analysis of fixed and variable pay provided by an employer to an employee for services rendered (i.e., time, effort and skill). Analysis of classification structure design and pay considering analysis of job and roles description and evaluation.
Compensation area starts from the definition of organizational structures and job structures to the elaboration of salary structures and pay formulas assuring both internal equity and external competitiveness principles.
In this area, the strategies and action plans are aimed to satisfy employee’s financial needs.
Benefits
Programs included in total remuneration package. These programs are used by employer to supplement the cash compensation that employees receive. These programs are designed to protect the employee and his or her family’s socio-economic conditions. They include health plans, social plans and company provided retirement plans.
In this field, the strategies and action plans are aimed to satisfy employee’s personal and family protection.
Recognition
Programs included in total remuneration package. Objectives are reinforcing valued behaviors by the organization, promoting continuous improvement, formalizing processes, providing positive and immediate feedback to employee and promoting engagement between the organization and its employees.
In this area, the strategies and action plans are aimed to satisfy needs of professional recognition for achievement.
Work – Life Balance
Specific set of organizational practices, policies, programs, and philosophy, which actively supports efforts to help employees achieve success at both work and home. Work-life programs encompass compensation, benefits and other HR programs, and together they address the key intersections of the worker, his or her family, the community and the workplace.
Total remuneration component linked to organizational practices, policies and programs, and philosophy, which actively supports efforts to help employees achieve success at both work and home.
- Workplace Flexibility/Alternative Work Arrangements
- Caring for Dependents
- Financial Support
- Paid and Unpaid Time Off
- Community/ Society Involvement
In this field, the strategies and action plans are aimed to satisfy intrinsic employee’s needs related to career development and work-life balance.
Organization: Structure & Processes
- Elaboration and/or diagnosis of organizational structures and related work processes
- Job descriptions
Competencies
Performance Management
We provide advising and support to our clients in the different stages of individual and group performance management, while including area professional from our client company in the handle of the conceptual and methodological tools.
We also provide support in the design of templates and provide measure tools, and/or adapt models to human resources automated systems, ongoing in our client’s company.
© 2008 - 2011 Total Rewards Management Consulting, S.C - RIF J-29670923-8