Restructure Compensation Program
Updated: Feb 14, 2019
Challenge:
Restructure Compensation Program
Major not-for-profit organization with 250 employees and more than 100 separate job categories needed to totally revamp its compensation structure.
Solution:
Totally Revamp Strategic Compensation Framework
The Chatfield Group helped the association transition to a more competitive pay philosophy. We developed a strategic compensation framework for the organization to assess the competitiveness and equity of both base pay as well as total cash programs.
The Chatfield Group created a market-based job evaluation system for the association as well as new salary structures for executive and sales positions. We developed a performance-based management incentive plan and a structure and system for sales incentives. We also developed both a salary administration handbook and a training program to introduce the new pay program and pay administration policies to employees.
Tags: #Communications