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Compensation

It’s Complicated.

Annual employee raises, performance incentives, cost-of-living increases, new-hire salary negotiations, and increases in benefit rates are just a few things that impact a company’s compensation budget. Frequently we hear business owners/officers express that they find their entire process lacks any form of structure.

An ideal approach is to establish a compensation system will take into consideration your company’s philosophy around pay (or will establish one), along with what benefits and perks the company may provide employees. In addition, it will provide a standard for how to appropriately manage annual payroll updates and increases without them ‘breaking you budget’.

If your organization is ready for improved compensation management and the benefits is provides, consider contacting one of AE’s HR Business Partners to discuss our compensation systems. We’re here to help, so just pick up the phone!