Our consultants excel in base compensation market pricing, grade structure design, and merit planning. In addition to our years of experience, one area that differentiates us from other firms is our robust in-house library of salary surveys. This allows us to utilize multiple up-to-date survey sources, ensuring that we have the most accurate and representative picture of the external market.

Whether this is your first compensation study or you need to update a neglected base-pay system, FlashPoint can help you be in a strong and informed position as you respond to retention and recruitment concerns in a rebounding economy. A proper market analysis of your base pay program will help you:

• Establish your compensation philosophy and approach
• Identify pay anomalies in your organization
• Provide tools to relieve “compression” between supervisors and employees, or new hires and longer-tenured employees
• Identify if your top performers are paid appropriately compared to the market; if they are not, arm you with information to remedy the situation before it becomes part of an exit interview discussion
• Help you establish competitive new-hire rates of pay

Our clients often use the information gained from a market analysis to help them establish a phased, multi-year approach to getting closer to its intended level of competitiveness. Our base pay services include:

• Job evaluation and documentation
• Market pricing (utilizing nationally recognized salary survey data)
• Salary structure design
• Incumbent gap analysis
• Merit and budget planning