It goes without saying that a compensation plan is a vital human resource tool in companies of all sizes. Whether your business is large enough to employ a compensation and benefits manager or you are a smaller organization without dedicated resources, the services of Hanna Resource Group are vital to a healthy, sustainable compensation plan. At Hanna Resource Group, we have been delivering these resources for years. In fact, we provide services to companies of all sizes, providing the specialized expertise required to compensate their employees appropriately. Learn more about how Hanna Resource Group can put you on the right track with compensation.
Compensation that is inadequate is the number one reason why employees leave their workplace. When you use the consulting resources of Hanna Resource Group, our team is equipped with the most up-to-date, accurate information and trends on compensation in your region and in similar businesses. HRG has access to high quality and reliable data appliable to countless industries. Therefore, we have the expertise to assist in designing a plan that fits your organizations goals. We will guide you to create a strategy that will help you to attract and retain the best workforce possible. In fact, when you create a strong, manageable plan with the assistance of Hanna Resource Group, your employees will recognize that they are valued. There is fairness in how workers are compensated. Furthermore, with improvement of an employee’s performance, the opportunity for growth is available.
What do Hanna Resource Group compensation services include?
- Total creation of a compensation plan from scratch
- Redesign or update of a current plan
- Ongoing retained support
- Development of a compensation philosophy
- Executive compensation advice and guidance
- One-off benchmarking requests
- Creation and implementation of incentive and bonus plans
- Audit of jobs in compliance with the Fair Labor Standards Act
Why Use Hanna Resource Group?
The experts at Hanna Resource Group have great knowledge in compliance, labor costs, salary analysis and development and implementation of salary structures. Moreover, our services are tailored for each client, based upon your company and its practices.
In particular, the development of a well-crafted compensation plan will help your organization to:
- attract and retain top talent
- encourage strong performance
- increase employee morale maintain compliance with legal compensation requirements
- link salary to performance and business strategy and finally
- reflect that your organization’s healthy culture is meaningful and valued
Call Hanna Resource Group today at 859-514-7724 or reach out to our Director of Compensation at andrea@hannaresource.com to chat about the many ways we can partner with you toward your organization’s success.