Creating a ‘Hard Landscape’ for Your Pay Structures

Knowing where to start with reviewing your organisation’s approach to pay (i.e. the salary or wages that your employees receive) can be a complex business. You may have a hotch-potch of pay arrangements which have grown in the midst of time, relating to individual decisions made at the time of hiring or promotion, which no longer bear any relationship to your changing business requirements or the wider market. Indeed you may well be perpetuating the situation with annual pay increases or when you’re trying to recruit or retain staff. Apart from wage drift, you may be creating inequalities and rendering your organisation vulnerable to financial implosion or expensive legal challenges. Can you afford to continue with the status quo?

My approach

EvDav Consulting is well placed to assist you in creating a hard landscape, which is designed to put your pay structure(s) in order. In particular, I can help you with:

· Undertaking a climate survey of your staff to gauge their level of understanding and appreciation of current pay structures and mechanics,
· Carrying out a detailed audit and financial analysis, with particular reference to potential issues such as misalignment, inequalities and lack of harmonisation,
· Modelling potential new structures and making suitable recommendations based on quantitative and qualitative data,
· Providing a roadmap for implementation of a new pay structure and associated rewards,
· Measuring the effectiveness of the above changes.

If you want to know more about pay and how I can help your organisation to achieve the optimum structure(s) for your current and future priorities, please read the Pay article and case study in my Research Section