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Why Outsource?
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Outsourcing compensation design and planning is one way that organizations are trying to stay competitive in the marketplace. Better compensation is the most often-cited reason for an employee leaving an employer. A well-designed compensation plan will allow you to retain the key employees necessary to meeting your business goals.
My clients use me for several reasons; however I listed the "top 3" here:
- Compensation design and management are not core competencies of the human resource department, though it is deemed a necessary part of business. My clients use me to fill this gap in their internal knowledge level.
- Compensation design outsourcing saves the business money. Clients typically tell me they want to keep staff focused on resolving day-to-day operational issues. I can bring the long-term project management focus to the table.
- Outsourcing compensation design and planning means that someone will be actively working on compensation rather than taxing the limited resources of the in-house human resources staff. While I am managing the design project, internal staff can continue to run the other functions of the HR department.
The decision to outsource compensation is not the end of your participation in the process; rather, it is the beginning! You must be ready to roll up your sleeves and be a key player in the design of your compensation plan because you know your organization better than I can hope to. While I bring the "know how" to the table, you have the final say on what actually goes into the plan.
For more information on my approach to compensation system design, contact me today.
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March 9, 2010 - "Creating Line of Sight" DE SHRM, Newark, DE
March 10, 2010 - "Creating Line of
Sight" Vistage Regional Meeting, Harrisburg, PA
March 18,
2010 - "Creating Line of Sight" Howard County SHRM,
Columbia, MD
March 31, 2010 - "Creating Line of Sight" Hanover, PA SHRM
April 14, 2010 - "Social Networking" Lancaster, PA HR Association
April 22, 2010 - "Moving into Supervision"
Centre County Chamber, State College, PA
May 6, 2010 - "Creating Line of Sight" Tri-State SHRM, Voorhees,
NJ
May 13, 2010 - "Legal Concerns of
Supervision" Centre County Chamber, State College, PA
June 24, 2010 - "Supervisory Communications" Centre County
Chamber, State College, PA
July 22, 2010 -
"Creating a Positive Work Environment" Centre County Chamber, State
College, PA
August 19, 2010 - "Building Work
Teams" Centre County Chamber, State College, PA
September 23, 2010 - "Training & Developing Employees"
Centre County Chamber, State College, PA
March 17, 2011 - "Creating Line of Sight" Cumberland Valley, MD SHRM
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