Developing a compensation system that allows for fair and consistent salary application for all employees is difficult. Let Falmouth assist in the development and implementation of an overall compensation philosophy that will guide your organization's salary structure for years to come.
Job Description Review
Falmouth will conduct a detailed review of all current job descriptions for surveyed positions.
Job Evaluation and Classification
In this phase, Falmouth will evaluate all positions by utilizing a point factor system.
Competitive Market Pricing Analysis
Falmouth will collect salary data and conduct a comprehensive review of the data to benchmark positions and compensation offerings.
Salary Administration and Procedures
Falmouth will develop comprehensive policies and procedures so that consistent management is possible and expected.
For more information on Falmouth's Compensation Services, please call Tom Wilkins, Falmouth Institute's Business Development Specialist, at 800-992-4489 ext. 119, or click here.