Alliance Compensation Services Overview
Our team can act as an extension of your team. Qualified & expert support for compensation situations and challenges you face. Professional assistance from an expert, taking tasks off your plate or to brainstorm solutions. Our team will ensure you have a ready resource to help manage important elements of your business.
Understanding who you compete with for talent and how much they pay is essential for you to attract, motivate, and retain employees. We help ensure you understand your market and that your organization remains competitive. This is part of an overall Compensation Framework, a core compensation consulting service.
Job architecture is the “what and how” behind defining work and therefore job types, hierarchies and employee segments. A job architecture enables career paths and planning for your employees. This is part of an overall Compensation Framework, a core compensation consulting service.
It is essential for you to get your executive rewards programs right to drive business results. Compensation Committees are also under increased scrutiny from shareholders and proxy advisors when hiring and rewarding executives. Alliance Compensation will deliver independent, credible, and comprehensive advice in this area.
Alliance Compensation designs cash and equity incentive plans that focus employees and executives on organizational, strategic, and financial goals that drive and improve your bottom line. Additionally, our team can calculate and administer your plan payouts.
Participating in third-party compensation surveys is important and the results are essential to you providing competitive compensation. Unfortunately, this work can be very time-consuming and keep your staff from completing other priorities. Our consultants can act as an extension of your team since we are very knowledgeable about the formats required by survey companies such as Radford, Willis Towers Watson, Mercer, and Milliman.
An application like pay planning has a set of rules that can be applied consistently across functions, pay structures and countries to ensure your pay policies are considered by managers when providing merit, promotions or adjustments. We can design a template customized to your specific business requirements.
We can help you plan and prepare for your compensation committee meetings by creating meeting materials, creating project plans ensuring all materials are completed on time with key management, and independent advisor review meetings. We can arm you with data to deliver compelling, competitive, and defensible pay strategies.