Incentives

Why Use Compensation Benchmarking Data thumbnail

How do you know if you are currently paying your employees at competitive levels? And what merit increases are warranted for each position? Are you utilizing the appropriate mix of base and variable compensation based on the type of position? These are common questions we are asked when clients engage us on a compensation project… Read More

6 Compensation Myths thumbnail

Advisory firms spend more money on compensation than on any other expense, so getting it right just makes good business sense. Your compensation plan should define the behaviors you value the most and reflect what you are willing to pay to attract and retain key talent. I have found some consistent compensation misconceptions across advisory… Read More

Hiring & Retaining Top Talent for Growth Whitepaper thumbnail

We are excited to announce that our new whitepaper, Hiring & Retaining Top Talent for Growth, is now available! This whitepaper covers key human capital areas including: designing your org structure; recruiting and hiring; managing and developing your team; and how to compensate your team. Read the Introduction excerpt below and please contact us to… Read More

How to Fix Your Incentive Pay thumbnail

A majority of employees at advisory firms — both professional and nonprofessional — now receive a combination of base salary and incentive pay, industry studies find. But firms don’t seem to be satisfied with their pay packages and, at my consulting firm, the most highly requested engagement is for designing (or, more commonly, redesigning) incentive… Read More