We can help you create a structured, transparent remuneration system that is an effective tool for the management.
Revision and design of the remuneration system
The absence of a remuneration system can have adverse effect on the business of the entire company. That’s why we can help you create a structured, transparent payroll system to make it an effective management tool.
As part of the remuneration system design, we use PwC’s internationally recognised analytical method (STRATA) to create a profile of the job being evaluated. The following four factors are essential for job evaluation: Expertise, problem solving, responsibility and sphere of influence, and working conditions.
Our approach
We always approach compensation system design in line with your company’s vision, strategy and values.
| 1. | Current state analysis |
| 2. | Market benchmark |
| 3. | Job evaluation |
| 4. | Design of salary/rate bands |
| 5. | Design of a new remuneration system |
| 6. | Implementation, Change Management & Communication |
STRATA method
STRATA is PwC’s internationally recognised analytical method for creating a profile of an evaluated job. The following four factors are essential for job evaluation: Expertise, problem solving, responsibility and sphere of influence, and working conditions. It also forms the basis for the design of a new remuneration system and other HR tools.
Flexibility
Applicable to small, medium and large companies in different sectors. Our goal is to create an evaluation structure that reflects your specific organisational reality.
Independence
The method allows you to use systems and data you already use internally to keep costs under control.
Transparency
Our approach is transparent to you and your employees. Managers are involved in the job evaluation process. They get to know the system, understand it and support the results of the evaluation.
| Remuneration structure |
| Benefits structure |
| HR cost planning |
| Human resource planning |
| Career development, succession |
| Organisational design |
| Job catalogue |
| Competence management, personal growth |
In which areas can we help?
Strategy
- Workforce planning
- Human resource cost planning
- Updating the remuneration system in line with the company’s strategy
Development and training
- Skills and competence development
- Opportunity for development and career growth
- Fair performance evaluation
Offboarding
- Feedback and its incorporation into strategy
Retention and motivation
- Fair and motivating pay adjustments
- Benefits
- Work-life balance
- Career growth and recognition
Engagement, recruitment and selection
- Attractive compensation package (competitive ability)
- Employee Value Proposition
EU Pay Transparency Directive
- Compliance with the EU Directive to ensure transparency and to eliminate pay inequalities
Kontakty
You are looking for an expert to help you; you want to request our services; or simply ask something? Let us know about yourself and we will get back to you as soon as possible.