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Augmenter Series

Compensation & Benefits

Become an employer-of-choice with holistic compensation & benefits strategies.

The Augmenter Compensation & Benefits module instills safe and fair compensation systems that maximize staff contributions and encourage individual growth.

Holistic Compensation Model | Benefits & Contact


Holistic Compensation Model

The holistic compensation model addresses the monetary and non-monetary needs of staff in order to maximize their personal and professional growth.

Adopting a Lead-based model enables the organization to become a figurehead in attracting talent and earning higher-than-average retention rates.

The holistic compensation model:

  • Directly links staff performance into organizational performance through profit-sharing methods
  • Focuses on individual and professional needs
  • Focuses on non-monetary means as part of total compensation
  • Removes unnecessary barriers and complicated processes
  • Ensures compliance with federal and local taxation laws

It consists of three stages: The Preparation Stage, The Execution Stage, and The Evaluation Stage.

The Preparation Stage conducts job analyses, interviews incumbents for potential improvements and performs a general market analysis. Improvements and the inclusion of direct performance-based models (profit-sharing) into base compensation.

The Execution Stage implements the planned compensation alterations. Information gathered during the Preparation Stage are factored into the development of the new holistic compensation & benefits strategy. Information sheets, booklets and designated staff are employed to field questions, offer suggestions and troubleshoot.

The Evaluation Stage measures the effectiveness of the new compensation guidelines after a six- and 12-month period, respectively.

It make staff a more central part in the organization's success and directly links them to its overall performance. It makes staff more responsible for their own compensation while increasing the ease and accessibility to increased compensation.

It puts emphasis on individual needs and acts as a solid method to gauge individual growth and fulfillment.


Benefits & Contact

A holistic compensation model optimizes staff performance through rewards systems that meet their own needs for personal and professional growth.

With a holistic compensation model, the organization experiences the following:

  • Increased ability to retain skilled talent
  • Up to 75% increase in staff satisfaction rates
  • Reduce administrative time wasted on processing salaries, benefits and other data
  • Reduce confusion
  • Improve image as an "employer-of-choice"

Contact us today for a free assessment.

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"You become a creator, not a competitor; you are going to get what you want, but in such a way that every other man will have more than he has now."

-Unknown


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