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By Creating Competitive Pay Rates and Pay Plans to Help Attract and Retain Talent:
- Conducting job evaluations for all or select jobs, including comparisons to both external and internal positions.
- Determining the market pay rates for jobs using the most current and applicable salary surveys.
- Determining the US Department of Labor Fair Labor Standards Act (FLSA) exemption status of jobs (eligibility for overtime pay).
- Developing salary structures and salary ranges.
- Developing career paths so that employees can value longer-term job opportunities and understand the requirements for their advancement.
- Creating and delivering training/communication programs to your HR and management teams, and employees of your salary plan and FLSA compliance.