BASE PAY | Make sound pay decisions

  • Is there uncertainty regarding what to pay in order to attract and retain the talent you need for your business?
  • Do you want to better understand how your positions are paid compared to market?
  • Do you lack process or rigor around determining pay levels for jobs?
  • Are there so many exceptions to pay policies that your current system is not defensible?
  • Is your current pay system cumbersome to update and administer?
  • Is there uncertainty about which jobs should be paid overtime, and which jobs do not have to be paid overtime?

How We Can Help

  • Market price your positions using published salary surveys
  • Develop base pay ranges based on your company’s desired market positioning (e.g. meet, lag, or lead market)
  • Review external competitiveness and internal equity, and provide recommended action steps
  • Conduct cost analysis and support cost control to ensure payroll dollars are allocated effectively
  • Develop salary increase guidelines
  • Implement an effective process to manage salary increase budgets and costs
  • Provide guidance on the FLSA (Fair Labor Standards Act) minimum wage and overtime requirements 
  • Develop a customized Excel tool to streamline and improve the compensation decision-making process
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