Compensation Management and Rewards are critical to the motivation of employees for delivering high performance and involves focusing on the total perceived value of the employer-employee relationship. This needs implementing policies and practices for rewarding employees in a fair and consistent way, which involves:

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• Review of compensation structure in terms of various elements

• Fixed vs Variable components and their payment mechanisms

• CTC concept in action

• Annual Increment strategies

• Short- and Long-Term Performance-based incentives

• Outcome-based Bonus plans including ESOPs

• Recognition Plans

• Non-financial rewards – Promotion, Postings, Special Assignments, Vacations, Flexibilities, Training, Executive Coaching, Conferences, Family involvement and Employee well-being programs

 

We help organizations in developing Total Rewards strategy, with policies focusing on all financial and non-financial benefits, delivering a comprehensive Employee Value Proposition for better motivation.

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You will get – Reduction in overall people-related costs per unit of output

We experienced – highly motivated workforce by enhancing the total perceived value of rewards, delivering higher output