In a competitive environment where the war for talent is one of the leadership’s top concerns, one cannot undermine the importance of Total Rewards in attracting, engaging and retaining talent. Protiviti’s Human Capital Consulting professionals partner with the organisations to design their overall Total Rewards Strategy and Policy to attract, engage and retain talent.
Our team can help in developing Job Grading Structure which truly reflects the relative worth of each position within an organisation by using Protiviti’s Job Leveling system. This is a comprehensive job evaluation tool for management that requires well-thought judgment and not just an exhaustive job evaluation questionnaire.
Our Total Rewards solution offers Compensation & Benefits Benchmarking Surveys customised to our client’s industry capturing the market trends. We also help our clients tailor employee-friendly benefits as per organisational needs by designing a flexible and market driven Benefit Plans.
We assist organisations in relooking at their strategic rewards - Long Term Incentive Plans. We help our clients answer questions like: Do I introduce or change my equity plan for my top executives and top performers for motivation and long term retention?
For our clients who constantly see the need to motivate their sales team, we can design detailed Sales Incentive Plans to boost sales performance. We also design Performance Incentive Schemes that are aligned to organisational and individual performance.
In addition to the above, we provide specific Total Rewards Budget Management services such as business case analysis, scenario building and cost simulation analysis for any Total Rewards related initiatives. We also assist our clients in implementation of the above Total Rewards offerings and related capability building.
Our Total Rewards solutions include: