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COMPENSATION & TOTAL REWARDS Consulting Services

Service Focus

Fanjoy & Associates provides consulting to assist businesses in the  development and implementation of compensation and total reward programs, including job evaluation services.

A total compensation approach includes: 

Cash and benefits;

Intangibles, such as leadership style and organization atmosphere; and

A commitment to building the capacity of employees to perform well.

 

Service Philosophy

In today's competitive business environment you need to regard your organization's compensation package as everything your employees take away from their relationship with you, not just the standard salary and benefits. Regardless of your work sector or organization size, the need to use pay and rewards strategically grows increasingly more important as organizations and their leaders look for ways to improve outcomes; performance; productivity; and teamwork. Linking pay and rewards to business goals and competencies is essential in order to gain competitive advantage through people.  

Done well, an organization's pay and reward system can serve as a powerful strategy for making compensation management a positive force toward organizational excellence.  

Pay and rewards provide organizations with  powerful communication opportunities - if used properly and effectively. Conversely, if they are applied inappropriately, the wrong message can be sent out to employees. The pay and reward system can help communicate the values, goals, and competencies necessary for your business to succeed. Progressive organizations take a total compensation approach toward rewards and compensation. A total compensation approach includes: 

Cash and benefits;

Intangibles, such as leadership style and organization atmosphere; and

A commitment to building the capacity of employees to perform well.


 

 

 

 

Some of the compensation  services we offer  include:

Total compensation strategy development;

Job analysis and measurement;

Job evaluation;

Design and development of job evaluation systems;

Analysis and evaluation of existing job evaluation systems;

Analysis and evaluation of internal and external pay relationships;

Salary and wage administration;

Salary research; classification research; job matching; and job surveys; and

Market factor salary adjustment strategies. 

 

 

Contact Us

We would be pleased to discuss your unique needs. Contact us for more information.

 

 


In today's competitive business environment, you need to regard your organization's compensation package as
everything your employees take away from their relationship with you, not just the standard salary and benefits.