303•926•1858
Compensation Strategies & Plans
Davis HR Solutions has helped us tremendously over the past few years during a growth phase of our company. They have helped us navigate a changing benefits environment, further complicated by our operations spanning three different states. We are not large enough to warrant a full time in house HR person, so it's a real luxury that we have Davis HR to bounce questions and ideas off of.Jay
The market for top talent is more competitive than ever. Employees expect more from employers, particularly when it comes to competitive compensation packages.
To retain the best workers in the business, top companies regularly assess their total compensation packages, and the value they add to recruitment and retention. This is a must for any business that wants to be a leader in its industry.
Yet sometimes, key elements are undersold to employees as a benefit. This results in unmotivated employees, reduced retention, and the inability to attract key talent.
At Davis HR Solutions, our innovative approach is designed to attract and retain the highest quality talent.
We perform detailed compensation benchmarking and analysis to create a plan aligned with your business strategy. Our expertise allows us to design attractive compensation plans for all employees in your business — from incentive-based accountability plans, to executive compensation agreements.
Our extensive compensation analysis addresses all of the most common issues companies face with compensation packages:
- Difficulties in gathering and analyzing data
- Budgetary constraints
- Systematic implementation of plans to sustain results
- Manager time constraints
- Equity for positions