Compensation and Benefits Consulting
We deliver benefits and compensation programs that add value by driving employee retention and attraction.
Compensation Benchmarking Report
A Versique consultant facilitated the definition of market pricing methodology, developed a range scenario tool and market priced 50+ benchmark jobs to determine range competitiveness and action plan. Our consultant collaborated with six HR generalists to analyze local recruiting challenges and document existing pay structures, practices and guidelines. Lastly, our consultant developed recommendations, as well as budget and project plans for consideration.
Our Consultant managed a large 401(k) project wherein they had to first begin with analyzing the current 401(k) Plan as the audit’s key findings reported multiple errors. After reviewing the processes and errors were found, this Consultant made recommendations to correct the issues and change processes to the Sr. Leaders. This involved over $100K in QNEC corrections and process changes, including changes to excludable compensation, payroll codes and reporting.
Our consultant has been successful filling roles from entry-level to technical and executive level within all functional areas of an organization. Throughout this consultant’s recruiting career, in both corporate and agency worlds, they grew entire departments, i.e. tripled an organization’s size in a year and was the sole recruiter during this accomplishment. This consultant has had a recent assignment where they inherited more than 30+ requisitions from various business units within the company. They successfully filled the open roles within the allotted time-to-fill requirement that was set forth by leadership.
Compensation Structure Re-Design Project
Versique’s consultant acted as a key player in the redesign of compensation structure from 26 traditional grades to 9 pay bands. They worked with HR business partners to correctly slot jobs into appropriate pay bands and performed market price analysis for roles nationwide. The consultant also performed an FLSA review of all jobs to ensure compliance and evaluated, interpreted and communicated compensation guidelines and procedures.
Additional Areas of Expertise
Featured HR Consulting Openings
Our client is looking for a Sourcer to join their team for…Mendota Heights, Minnesota
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Our startup healthcare client is looking for a Recruiter to join their…St. Paul, Minnesota
Our international technology and science company is looking for a Recruiter to…Maple Grove, Minnesota
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