| Base
Pay Plan Development
HRMP
utilizes a fully quantitative and automated approach to pay plan
analysis and design. Through a balanced integration of Point Factor
Analysis and Multiple Regression, HRMP incorporates job analysis
and prevailing market data into each organization's unique structure.
Furthermore, HRMP's innovative system addresses economic anomalies.
Economic anomalies are those jobs for which the market is inconsistent
due to shifting supply and demand conditions. HRMP has the only
known quantitative system that accurately incorporates these types
of jobs into the pay structure while simultaneously maintaining
the legal defensibility and integrity of the overall structure
hierarchy. HRMP's automated quantitative point factor system,
Compensation Manager 2.3, is a Windows®
based system that employs relational database modeling, regression
analysis and current Windows automation technologies
Variable
Pay Plans
HRMP
develops variable pay systems that effectively address the goals
and objectives of your organization. The plans include short-term
incentives at the individual or team non-management level, up
through long-term executive plans that are tied to strategic organizational
objectives.
Pay
for Skill/Knowledge Based Pay (S/KBP) -
HRMP designs S/KBP systems that are directly linked to increased
organizational effectiveness. The S/KBP systems provide incentives
to employees to gain knowledge and skills critical for working
collectively toward organizational goals. The ultimate goal
of any S/KBP system is to increase productivity while controlling
or decreasing operational costs. HRMP partners with our clients
to identify applicable organizational goals and tailor effective
pay-out mechanisms accordingly.
Piece-Rate
Pay (PRP) -
HRMP
designs PRP systems that limit down-time and increase output
quantity while maintaining or increasing output quality. These
pay-out systems are very effective for select job categories.
HRMP partners with our clients to identify appropriate job classes
and tailor the system to those job categories that best benefit
from PRP plans.
Gainsharing/Profit
Sharing -
HRMP's
gainsharing and profit sharing systems can be implemented at
the team, unit or organizational level. These systems enhance
employee awareness, knowledge and overall contribution towards
recognized organizational goals. Employees are then rewarded
with a percentage of gains/profits realized by the organization
as a direct result of their participation in the plan.
Individual/Team
Bonus -
HRMP
designs individual/team bonus plans that are directly linked
to unit or organizational objectives. Implementing goals-driven
bonus plans optimizes productivity and enhances your organization's
ability to attract and retain technical and other skilled employees
in an increasingly limited and competitive labor market.
Performance
Appraisal Systems
HRMP's
360° performance appraisal system is flexible, yet specifically
targets and rates job-related success factors. The system includes
job-specific factors; objectives worksheets; and self-assessment,
peer, subordinate and stakeholder components. Due the system's
flexibility, evaluators can utilize one or all of the components
for any employee group as dictated by the changing needs of your
organization from year to year.
The
system equally addresses both past performance and future employee
development. Our approach involves partnering with management
to pre-select competency factors specific to the jobs being evaluated.
For management positions, stronger emphasis is placed on accomplishing
organizational goals and objectives. HRMP's performance appraisal
system is an ideal forum for outlining performance standards for
all employees regardless of placement in the overall hierarchy.
Additional HRMP Services
HRMP
partners with HR Professionals to address a wide range of Human
Resources issues. Guidance, assistance, and full service packages
are available.
Do
Your?
Employee
Handbooks
-
Reflect recent legislative and regulatory developments (Title
VII, FMLA, ADA)?
- Foster
positive employee relations yet protect the organization's legal
needs?
- Imply
any employment contracts, promises, or organization obligations?
Personnel
Policies
- Clearly
state both the employee's and the organization's rights and
obligations?
- Comply
with federal regulations and guidelines (EEOC, ADA, FLSA, FMLA)?
Class
Specifications and Job Descriptions
- Distinguish
between essential and marginal functions of the work?
- Reflect
Bona Fide Occupational Qualifications required to perform the
work?
- Include
appropriate language that does not "screen out" protected
classes?
Management
Training and Development Systems
- Motivate
employees and improve communication at all levels?
- Provide
practical application for problem solving and decision making
issues?
- Teach
proper documentation and disciplinary/termination procedures?
- Provide
proper performance appraisal training?
- Provide
instruction regarding sexual harassment and hostile work environment?
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