SDHR Consulting offers a wide array of compensation services to ensure organizations attract and retain key talent. Regardless of your organization’s size, we have experts that will strategize and brainstorm to achieve what is at the heart of your compensation philosophy.
Job creation & maintenance plays a vital role in retaining your employees. Having clearly defined positions using competitive pay practices contributes to keeping your talent engaged.
SDHR Consulting designs total rewards strategies that are unique and individualized for each organization.
Career framework establishes job levels and a career path, so employees know what’s ahead and can continue to grow.
Accurate and up-to-date job descriptions for all roles help ensure employees understand expectations for the job and minimum qualifications are documented.
Updated salary pricing data ensures employees are being paid competitively for purposes of attraction and retention.
Given CA’s 2023 Pay Transparency and Pay Disclosure law requirements, it is crucial to have established and well thought-out pay ranges for all positions.
It is necessary to holistically evaluate your workforce to ensure there are no pay gaps or discrepancies amongst your employees.
It is important employees are accurately classified as exempt or non-exempt to be FLSA compliant.
Determining the right bonus or equity plan incentivizes employees to help them meet the goals of the business.
Providing employees with continuous feedback and metrics that evaluate their performance allows them to grow their skill-set and stay engaged.
Establishing fair and competitive merit increases are crucial, especially in competitive industries.
Retaining talent proactively is important so employees do not become a flight risk.
It is crucial sales employees have well-communicated and realistic commission plans that drive them towards their personal and company goals.
It is important that executives are compensated competitively in order to ensure the retention of critical company knowledge and talent.
Public companies or companies looking to go public must have an established peer group to compare their compensation practices to their peers.
It is important to have a defined career map for employees, so they can reach their full potential while at the same time contributing to business objectives.
Having established job levels ensures career progression can take place and job expectations are outlined.
Ensure knowledge transfer and workforce planning is in place before critical talent leaves.
Contact us to learn more about our HR Services and how we can partner with you for all your business needs.