Retain and motivate with a Compensation strategy aligned with the way you manage talent.
The pressure is on for organizations to stay competitive and one of the keys to success is retaining and motivating top talent. Many companies are aware of this pressure, but struggle to understand how to develop compensation strategies and launch initiatives that will engage their workforce.
Alignment between compensation programs and talent management is critical in this competitive environment. It’s no longer simply about providing adequate pay through traditional processes; it’s also about segmenting the workforce, differentiating rewards, and illustrating specifically how employee contributions impact business outcomes and individual rewards.
Baker Tilly’s experienced Human Capital services’ Compensation team will get you to an integrated platform - where data is centralized with automated and preset distribution processes. We’ll work with you to develop compensation plans that can be delivered globally, yet allow for local differences and approval rules to avoid security or audit risks. Equipped with information and guidance for fact-based, defensible decision-making, your executives and managers can support the business strategy - by aligning goals with rewards and communicating those rewards to employees through end of cycle and Total Rewards statements.
Together, we will implement the processes, tools and technology to optimize employee compensation, demonstrate to employees the impact of their individual contributions to business outcomes and ultimately helping you transform the value of your compensation programs.