Wage & Salary Review
Good employees expect good pay. Does your competition package stack up?
Recruiting and retaining good people can be difficult, unless you offer a salary and benefits package that’s current and competitive. We can help you become a “preferred” employer, without breaking the bank.
Here’s how QHR can help.
A compensation program that gives you the competitive advantage you need and can afford.
Using a market-based approach and considering your organization’s financial resources, QHR experts show you how to put your payroll to work for you.
Using benchmarks and peer analyses, we identify weaknesses in your current compensation program. Then we show you how to modify and administer your new structure, including budgeting, communications and implementation. This review can be done as a desk audit or include an on-site visit with management and employee focus groups.
Our experts:
- Compare your current pay scales with selected national, regional, state and peer benchmarks
- Reveal where your hospital stands in relation to its competitors
- Recommend a redesign of your wage and salary structures when needed
- Show you how to place jobs into the new pay structure
- Provide a compa-ratio comparison of selected benchmarked jobs
- Develop an implementation plan to help HR personnel administer the program
- Design a comprehensive communication plan for employees
Be the employer of choice.
Your employees make your organization what it is. And you’re competing for them. We’ll help you recruit and retain the best.