Rewards
Compensation plays a critical role in the ongoing -- and increasingly challenging -- effort to attract, retain and motivate a talented workforce. Backed by proprietary research on the relationship between pay programs and shareholder value, we work with clients to design and implement a wide range of strategic reward programs.
- Executive Compensation
We counsel executives and boards of directors on developing reward programs to attract, retain and motivate senior executive groups – from the composition of executive pay programs to aligning pay-for-performance plans throughout the organization to increase value. Our services include:
- Total compensation assessment
- Annual and long-term incentive plan design
- Financial performance modeling
- New-hire compensation assessment development
- Board remuneration
- Pre- and post-acquisition design
For more information about this service, please contact
Tanya Laksanakieat at
tanya.laksanakieat@watsonwyatt.com.
- Strategic Rewards
We assist organizations in designing and implementing competitive and appropriate reward programs to attract, retain and motivate various employee groups. We put an emphasis on a mix of compensation programs – designed and delivered as an integrated strategy – including cash compensation, stock programs, incentives, benefits, and recognition programs. Specific services include:
- Articulating a total reward strategy
- Job analysis, titling, and design
- Job evaluation/classification (job-based, person-based, competency-based)
- Watson Wyatt Global Grading System
- Salary/benefit plan design and management programs including variable pay/commissions/incentives (pay for performance, pay for competence)
For more information about this service, please contact
Tanya Laksanakieat at
tanya.laksanakieat@watsonwyatt.com.
|
