Compensation and Benefits Structuring

Structuring employee compensation involves setting salary ranges aligned to experience levels based on market data and job roles. This process includes conducting a job analysis and evaluation to determine the structure which allows you to pay competitively as this impacts your ability to attract top talent. A clear Compensation structure also helps companies offer equitable, competitive salaries and maps out your employees’ path to growth and higher pay, thus acting as a retention tool as well. 

Depending on the country, the industry, and a company’s business model, your Compensation structure can include a base salary with one or more of the following: Stock Options, Restricted Stock Units, Phantom Stocks, Commission, Performance Based Bonus.                              

Employee Benefits can vary by market, so it is important to ensure your Benefits offered are relevant to the impacted Employees and serve the purpose they are intended to. Some benefits are required by law, whilst others are the norm in a market. In working with clients interested in restructuring their Benefits offerings, Caerus Strategy analyses the client’s current Benefits costs as well as conducts a Utilisation Review to better understand how the current Benefits are being used.  With insights from Employees and Leadership, we look for opportunities to maximise the impact of your Benefits offerings while controlling the costs associated with those Benefits. 

Recognising and rewarding talent