Company owners and CEO’s, why should you consider hiring a professional compensation consultant? What are the benefits of working with an independent expert around setting compensation structures, strategies and staying on trend and competitive with respect to executive and employee compensation plans?
Private, public and non-profit organizations hire CompensationGPS in a variety of situations:
- A smaller company has grown to a point where the management team and Board need to put more structure around their compensation practices.
- A CEO or a Board wants to recruit a key executive and assess whether their top executives are paid appropriately relative to their peers in their industry
- The company is in the midst of a merger or acquisition and wants to address pay levels and plans for the executive team in line with new company objectives
- The top management team is engaged in succession planning and needs to benchmark pay-for-performance structures for key members
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