Enjoy access to scalable practices, step-by-step guides, and tools to build strategic HR programs.
Total Compensation ✨NEW
Creating compensation strategies that align with business goals, ensure equity, and retain talent by establishing salary structures, incentives, and performance-based practices.
Documents included in this package
Level 1 - Core
Defining a Competitive, Sustainable, and Compliant Compensation Strategy.
Compensation practitioners can be compared to orchestra directors in as much as they: (i) convert strategy into action—as a director that coordinates a piece of music ... more »
Establishing a Robust Methodology for Job Descriptions and Evaluations Across the Organization.
Job descriptions and evaluations are critical components to defining any compensation strategy. While job descriptions can be found on a significant variety of templates, each ... more »
Identifying and Sourcing Market Data to Support Decision-making and Future Organizational Plans.
Organizations seeking effective and relevant compensation benchmarks must identify and compare the same elements to avoid negatively impacting their decision-making process. ... more »
Creating Salary Structures to Attract and Retain the Right Talent for the Organization.
Implementing a salary structure transmits a powerful message to stakeholders, employees, and the talent market. The organization formally determines how much it will pay its ... more »
The RACIS Matrix Tool: Define Role Assignments and Approval Requirements Across Key Process Activities.
Define Role Assignments and Approval Requirements Across Key Process Activities. [Download Template & Excel File]... more »
The Job Description Template: Clarify Purpose, Responsibilities, Expected Outcomes, and Overall Requirements Internally for any Position.
Clarify Purpose, Responsibilities, Expected Outcomes, and Overall Requirements Internally for any Position. [Download Template & Excel File]... more »
Level 2 - Advanced
Communicating the Investment in Compensation to Stakeholders and Employees.
Organizations allocate significant yearly funds to attract, develop, and retain talented, skilled, and diligent labor. Given the relevance of such an investment in people compared ... more »
Empowering Managers to Make Pay Decisions Based on Performance, Equity, and Market Conditions.
Many variables can impact salary adjustments, so in the end, they can come in diverse forms and timelines. There are jurisdictions where salary adjustments happen two or more times ... more »
Retaining the Organization’s Talent through Tailored Compensation Strategies and Other Proactive Mechanisms.
Today’s competition for talent entails significant challenges to organizations given many competing variables, such as the rise of technology that supports remote work ... more »
The Total Compensation Statement Template: Outline and Present the Major Components and Financial Value of an Employee’s Pay and Benefits.
Outline and Present the Major Components and Financial Value of an Employee’s Pay and Benefits. [Download Template & Excel File]... more »
The Merit Matrix Tool: Enable Managers to Differentiate Performance-Driven Raises Maintaining Equity and Fairness in Employee’s Pay Reviews.
Enable Managers to Differentiate Performance-Driven Raises Maintaining Equity and Fairness in Employee’s Pay Reviews. [Download Template & Excel File]... more »
Level 3 - Emerging
Developing Incentive Programs that Drive Outperformance and Desired Behaviors Across the Organization.
Incentivizing employees to perform at their best—while balancing allocations across the organization—should be a priority for senior leadership. While defining ... more »
Defining Diverse Types of Awards to Support the Organization’s Culture and Enhance Overall Employee Engagement.
Recognition is an institutionalized way of saying “thank you” to employees for a job well done and for the extra effort they put into their work. Recognition ... more »
Designing a Long-term Incentive Plan for Key Roles to Foster Desired Future Outcomes.
Organizations have identified the many benefits of paying for performance while focusing their organizational structure on long-term success. Different from the main drivers of a ... more »
Aligning the Compensation Strategy with the Future of Work to Attract and Retain Talent Effectively in an Evolving Workplace.
Large-scale layoffs in technology, media, and other industries continue to make people anxious about artificial intelligence (AI) wiping out many jobs in subsequent years. Some ... more »
The Sales Compensation Plan Pay Mix Assessment: Determine the Most Appropriate Pay Mix Based on Sales Tailored Criteria.
Determine the Most Appropriate Pay Mix Based on Sales Tailored Criteria. [Download Template & Excel File]... more »
The Interpolation Calculator Tool: Calculate Blended Variable Pay Incentives Based on Combined Achievement Levels of Different KPIs.
Calculate Blended Variable Pay Incentives Based on Combined Achievement Levels of Different KPIs. [Download Template & Excel File]... more »
Related Documents
Performing Equity Analysis to Ensure Fair Pay Across the Organization.
Learn how to conduct pay equity analysis. Identify equity disparities and inform pay decisions to be made independently of diversity factors... more »
Conducting Workforce Segmentation to Focus on the Most Valued Positions.
Workforce Segmentation describes the process of categorizing roles in the organization and determining the value of each relative to the strategic objectives of the company. The ... more »
