Service Areas
We offer comprehensive support for designing structured salary frameworks based on role classifications and organizational hierarchy, developing variable pay and performance-linked incentive programs, structuring employee benefits such as retirement plans and insurance schemes, reviewing compensation policies for regulatory and statutory compliance, and conducting detailed industry benchmarking. These efforts are aimed at ensuring that compensation structures are competitive within the market, fully compliant with applicable laws, and aligned with the strategic and operational needs of the organization.
Compensation Structure Design
Development of salary frameworks based on role classification, functional responsibilities, and organizational hierarchy.
Variable Pay and Incentive Programs
Creation of bonus schemes and performance-linked incentives tied to individual and organizational performance indicators.
Benefits Structuring
Design of employee benefits such as leave policies, retirement schemes, health coverage, and other welfare components.
Regulatory and Statutory Compliance
Review of compensation policies to ensure alignment with applicable labor codes, tax provisions, and statutory obligations.
Industry Benchmarking
Assessment of internal compensation practices in comparison to peer organizations and industry standards.
Objective of Compensation Advisory
- Support compliance with employment laws.
- Align compensation with evolving workforce expectations.
- Ensure consistency across departments and levels.
- Facilitate long-term planning for human capital costs.
Advisory Methodology
- Review of Existing Compensation Policies
- Job Role Mapping and Pay Band Analysis
- Benchmarking with Market Standards
- Drafting of Compensation and Benefits Policies
- Periodic Review Framework for Compliance and Revisions
