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Pay Policies

Pay Policies

Pay policies such as promotional guidelines, new hire salaries, and salary increase guidelines must be aligned with your business objectives, pay philosophies, systems, and processes to be successful.

Companies have pay policies because:

  • Their pay philosophy and strategies express value of equitable treatment in compensating employees
  • Employees need to understand how pay programs are supposed to work
  • Managers need periodic guidance and direction to make pay decisions within a common framework

Our experience creating pay policies includes:

  • Working directly with managers and executives on crafting policies that guide but don’t restrict
  • Steering companies to embrace policies that bring about changes that align with their philosophies and strategies about paying employees
  • Helping companies and their managers understand the difference between a policy and a process or procedure

See all services at https://www.alliancecompensation.com/services/