Compensation strategies

A good compensation strategy aims at attracting, motivating and retaining employees. Furthermore, it ensures internal equity and it increases the feeling of recognition as well as the alignment between employee’s individual objectives and those of the company.

Sharpmania helps you develop or review your compensation strategy.

We tackle this topic by following a holistic approach which takes into consideration such elements in line with market practices:

  • Assessment and classification of jobs (grading/banding)
  • Salary ranges
  • Bonus plan
  • Incentive schemes
  • Mid and long-term incentive plans
  • Fringe benefits

Your gain:

  • Adequate positioning compared to market
  • Increased employee satisfaction and loyalty
  • Better image of the HR function
  • Comprehensive reward approach
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