A changing talent landscape and numerous external influences may require the board to look closer at workforce pay.
Employee Compensation Consulting
Do your pay programs attract, retain, and motivate?
The employer/employee relationship is being redefined in real time. Today’s labor market and workforce management strategies are vastly different than those of a few short years ago. The organizations poised to win the war for talent are those with a holistic employee compensation philosophy.
Our Services
Strategic Alignment
- Examine compensation philosophy
- Review business and leadership goals
- Create strategic base pay designs
- Develop retentive bonus structures
Sophisticated Analytics
- Assessment of employee pay programs
- Competitive analysis
- Cost modeling of current and prospective programs
- Pay equity and DE&I analysis
Compliance Confidence
- Implementation strategy
- Communication and training
- Pay guidelines and tools
- Best practices reviews
Meet the Expert
Monal Patel
Principal | Boston
Monal has over 10 years of compensation experience performing broad-based pay benchmarking analysis by adapting multiple market sources to clients’ human capital strategy. She has extensive experience designing global job architectures that have enabled clients to define career progression, offer targeted training and development, and are flexible enough to respond to changes in business conditions.
How Pearl Meyer helps
deploy pay programs that attract, motivate, reward, and retain your most important asset.
Examine the context
We can help uncover how the external labor market, social, and cultural forces impacting your business can also impact your employee compensation strategies.
Use our wealth of data to inform
Market information provides a necessary and helpful guide, but don’t let it drive the plan. Your unique business and human capital strategies are the ultimate roadmap.
Consider annual and long-range results
We know pay programs can positively impact behavior—and create unintended consequences. We advise on the right balance that serves immediate and long-term needs.
Seek a partner that delivers
Our senior consultants have experience in all aspects of executive and employee compensation and building teams for the long term. We partner with you to create fully integrated programs that align with your business goals.
Perspectives on Employee Compensation Strategy
Pay Transparency: Strategic Considerations for the C-Suite and Board
Advisor Blog
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Pay transparency is more than a regulatory requirement; it impacts fundamental aspects of organizational performance and culture.
Achieving Competitive Advantage Through an Engagement-Based Talent Management Strategy
Ask the Expert Interview
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A deliberate approach to talent management and compensation is crucial for companies to survive and thrive—and it should transcend economic cycles.
How Wide is Your Talent Moat?
Advisor Blog
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Understanding where you have competitive advantage in terms of your workforce and where you are susceptible is critical to business survival.
Work From Home Policies and Practices
Research Report
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Detailed data on the prevalence and permanence of this trend and associated information on how companies are managing the change.
Closing the Gender Pay Gap: The Long and Winding Road
Article
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Recent data show companies believe this is an important priority, but few have specific policies and procedures in place.
Does Your Organization Have Hidden Pay Bias?
Article
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Actionable steps companies can take to uncover any existing systemic bias in their compensation administration.
Salary Compression: The Squeeze is On
Article
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Salary compression is once again a challenge for organizations. Here’s what you need to know and how to address the problem.
SEC Mandates Human Capital Disclosure: Nebulous Guidance Provided
Client Alert
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New amendments are intended to take into account changes in the regulatory, business, and technological environment since the adoption of Regulation S-K.
Leadership Consulting
We work with directors and executives to improve individual leadership effectiveness and create high-performance boards and management teams.
Survey and Governance Data
Pearl Meyer is a powerhouse of both survey and proxy data. Our survey team produces over 50 annual compensation surveys and our partner, Main Data Group, offers public company governance and compensation data.