Base salary structure
- Development of job descriptions;
- Definition of key criteria for determining relative position value;
- Choose an optimum job evaluation methodology;
- Evaluation of positions;
- Company’s salary comparison to current market rates;
- Devising a pay scale;
- Support in developing payroll;
- System communication;
Executive pay
Executive performance quality is the key determinant of a company’s success. Employers focus on developing proper processes, mirror the organizational strategy and, on the other hand, meet employees’ expectations, also using state-of-the-art methods and motivational tools for top executives in their companies. Many years’ experience of PricewaterhouseCoopers consultants and use of sophisticated approaches guarantee building proper and effective motivational tools for key positions in the company.
Our consultants will support you in:
- Developing Top Executives remuneration strategy;
- Drawing-up managerial contracts;
- Defining Key Performance Indicators for top executives;
- Stock option plans;
- Remuneration comparison with the market;
- Achieving balance between base salary and variable pay;
- Developing benefits scheme;
Incentive compensation
- Reviewing the effectiveness of existing bonus systems – analyzing the complexity of the bonus systems;
- Defining Key Performance Indicators according to the organizational strategy;
- Establishing explicit mechanisms for bonuses;
- Devising regulations for bonuses;
- Bonus budget estimation and its reference to expected profits;
- Tax optimization of compensation solutions;
- System implementation, with particular focus on schedule of implemented changes, their compatibility with the Labour Law and the requirements of internal company requirements;
- System communication;
Benefit system
- Analyzing the existing benefits system;
- Identifying the needs related to the scope of benefits;
- Selecting the benefits systems most appropriate to the company’s strategy and established organizational culture (cafeteria/flexible, hierarchical);
- Reference to the labour market;
- System communication;
Share option plans
- Methods of implementing share option schemes;
- Scope of offers for individual positions;
- Tax and insurance aspects of share option schemes;
- Communication of share option schemes.
