Dawson Consulting Group

 Total Compensation Consulting
A Strategic-Performance-Driven Approach
 
In today's highly competitive business climate, compensation is much more than a pay program and is essential to maximizing the return on your human capital investment. A truly dynamic Total Compensation System not only expands the definition of pay to include all forms of rewards and recognition, but also links the performance and contribution of both individuals and teams to the overall success and goals of the business.

Dawson Consulting Group Consulting, Inc. offers a full range of experience and knowledge to help you review your existing strategies and processes and identify opportunities for program and process innovations.

Compensation Consulting That Improves the Bottom Line

The result of implementing a Total Compensation approach is immediately visible across the organization. Employees understand all the components of their compensation and recognize a clearer link to performance and future opportunity. Management's view of compensation is expanded to include not only cash and equity but also benefits and rewards and recognition. Dawson Consulting Group compensation consultants can help you:

Control your total cost by linking pay to business and individual performance.
Improve your ability to attract and retain the best employees.
Improve results by aligning your compensation strategies with your business goals and objectives.
Increase performance by linking your performance management process to your total compensation model.
Prevent unwanted government regulatory intrusion and reinforce corporate strategy with a clearly communicated compensation philosophy.
Improve morale with low cost, creative reward and recognition programs and flexible compensation structures.

Steps in Compensation Consulting

Following are some of the services that Dawson Consulting Group provides to enable your organization to achieve its compensation goals:

Planning and Designing Total Compensation Strategies
Developing Integration Strategies -- Merger and Acquisitions
Building Pay Structures
Creating Custom Market Pay Surveys
Designing Bonus and Incentive Plans
Designing Sales Compensation Plans
Designing Expatriate Compensation Plans
Providing up-to-date market competitive salary survey data

1. Determine business objectives, values and compensation philosophy ; 2. Employee satisfaction interview / survey ; 3. Analyze current pay structures / incentive / bonus plans / merit process ; 4. Evaluate compensation communications process ; 5. Review position / job value analysis ; 6. Review Performance Management process ; 7. Recommend enhancements / Realignment ; 8. Implement ; 9. Monitor & Improve

The cost of total compensation to businesses continues to rise, but with Dawson Consulting Group assistance in planning, design innovations and better linkage between the performance of the business and the individual, your organization can keep cost growth to a minimum while maintaining high morale and employee productivity.

To learn more about the Benefits of Human Resources Strategy,
contact Dawson Consulting Group today.

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