Compensation Plans

What’s the Right Amount to Pay?

To attract and retain quality employees, you must pay competitively. Managing your internal wage and hour policies is important for compliance reasons as well as for maintaining employee expectations and morale.

Employee compensation is probably your biggest expense. Knowing what to pay is critical in running an effective organization.

PMSI can help you develop a basic compensation program that meets your corporate goals and objectives. We look at your job descriptions and performance review program and integrate them into an overall system that makes sense for you. We compare your wage and salary levels to the market and report the results of that comparison along with our recommendations for change.

If it is just a specific position you are worried about, we can do that too. For specific positions, we can conduct a special survey.

Your Compensation Plan will be prepared by a highly trained and accredited HR professional(s). Our staff members are all certified by the Society of Human Resource Management (SHRM) and the Human Resource Certification Institute (HRCI).

Price

Compensation Plans typically range from $125 - $150 per hour. Call or email for a quote or for more information.