Update Compensation Program

Challenge:

Update Compensation Program

A leading cultural institution well-known for its state-of-the-art attractions needed to bring its entire pay & total rewards infrastructure up to date.

Solution:

Compensation Overhaul

In a top-to-bottom restructuring of the organization’s compensation program, The Chatfield Group: Rewrote 150 job descriptions and ensured compliance with the Fair Labor Standards Act (FLSA) using multiple valid data sourcesMatched jobs to market, including both for-profit and not-for-profit positions, and set up an easy to understand documentation system to facilitate future updatesClarified the organization’s pay philosophy, using input from key managers across the organizationReviewed its existing pay structure to identify areas for improvementDeveloped a new pay structure, a supporting cost analysis, and guidelines for implementationDrafted key messages and talking points for top-down rollout of the program to employees at all levels, describing the scope of the new compensation program and how it would affect individual employees

Tags: #TotalRewards