Every company has a total compensation package, whether they realize it or not. Our clients know it makes good sense to intentionally design and promote it as an integrated package to their employees. By doing so, employees gain a better understanding of the value of their cash and non-cash compensation and benefits, which in turn, positively impacts employee retention, recruitment and individual productivity. It’s a matter of return on investment.

The Collin Baer Group provides direction and a structured process for creating and maintaining a total compensation and benefits program. Three basic steps are involved:

1.   Define the program. Make sure everyone’s on the same page about why they want to have a
      total compensation and benefits program, what they expect to accomplish, and what they want
      to include and exclude as components of the program.

2.   Align the program. Design each component of the total compensation and benefits program to
      align with the corporate objectives, and make sure each of the various components is aligned
      with the others. It all has to make sense.

3.   Market the program. Make sure employees understand what’s included in the total
      compensation and benefits program and how it is aligned with corporate objectives. This
      understanding will in turn develop their appreciation for the value of the program as a whole.

Want to learn more about how The Collin Baer Group can help you create a total compensation and benefits program for your company?

   Read our Total compensation & benefits case studies.

   In Toronto, contact us at 416-461-5600; from across Canada or the United States,
    call us toll-free at 1-888-489-9850.

   Send us an email at askus@collinbaer.com.