Alliance Compensation Services Overview
It is essential for you to get your executive rewards programs right to drive business results. Compensation Committees are also under increased scrutiny from shareholders and proxy advisors when hiring and rewarding executives. Alliance Compensation will deliver independent, credible, and comprehensive advice in this area.
Participating in third-party compensation surveys is important and the results are essential to you providing competitive compensation. Unfortunately, this work can be very time-consuming and keep your staff from completing other priorities. Our consultants can act as an extension of your team since we are very knowledgeable about the formats required by survey companies such as Radford, Willis Towers Watson, Mercer, and Milliman.
An application like pay planning has a set of rules that can be applied consistently across functions, pay structures and countries to ensure your pay policies are considered by managers when providing merit, promotions or adjustments. We can design a template customized to your specific business requirements.
We can help you plan and prepare for your compensation committee meetings by creating meeting materials, creating project plans ensuring all materials are completed on time with key management, and independent advisor review meetings. We can arm you with data to deliver compelling, competitive, and defensible pay strategies.
Our team can act as an extension of your team to evaluate new jobs, re-evaluate jobs that have changed, help put together successful offers to new employees, create retention offers to key employees, and assist many other challenges and projects that land on top of your in-box.