It goes without saying that a compensation plan is a vital human resource tool in companies of all sizes. Whether your business is large enough to employ a compensation and benefits manager or you are a smaller organization without dedicated resources, the compensation services of Hanna Resource Group are vital to a healthy, sustainable compensation plan. At Hanna Resource Group, we have been delivering these resources for years to companies of all sizes, providing the specialized expertise required to compensate their employees appropriately.
Compensation that is inadequate is the number one reason why employees leave their workplace. When you use the consulting resources of Hanna Resource Group, our compensation team is equipped with the most up-to-date, accurate information and trends on compensation in your region and in similar businesses. HRG has access to high quality and reliable compensation data appliable to countless industries. We have the expertise to assist in designing a compensation plan that fits your organizations goals and will guide you to create a strategy that will help you to attract and retain the best workforce possible. When you create a strong, manageable compensation plan with the assistance of Hanna Resource Group, your employees will recognize that they are valued, that there is fairness in how workers are compensated, and that with improvement of an employee’s performance, the opportunity for growth in compensation is available.
Hanna Resource Group can provide a variety of compensation services such as:
- Total creation of a compensation plan from scratch
- Redesign or update of a current compensation plan
- Ongoing retained compensation support
- Development of a compensation philosophy
- Executive compensation advice and guidance
- One-off benchmarking requests
- Creation and implementation of incentive and bonus plans
- Audit of jobs in compliance with the Fair Labor Standards Act
The compensation experts at Hanna Resource Group have great knowledge in compliance, labor costs, salary analysis and development and implementation of compensation, analysis and benefits structures. Our services are tailored for each client, based upon your company and its practices.
The development of a well-crafted compensation plan will help your organization to attract and retain top talent, encourage strong performance, increase employee morale, maintain compliance with legal compensation requirements, link salary to performance and business strategy and reflect that your organization’s healthy culture is meaningful and valued. Call Hanna Resource Group today at 859-514-7724 and speak with a member of our compensation team about the many ways we can partner with you toward your organization’s success.