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CASE STUDY: COMPENSATION AND BENEFITS

UNDERSTANDING PEOPLE
USING SCIENCE
UNLOCKING POTENTIAL

THE CHALLENGE

A company in the tourism sector, following a conversation with the Human Resources Department, was asked to prepare a proposal related to a project of organisational analysis, job review and remuneration analysis.

According to our understanding of the situation, the integration of different companies under the group in question highlighted the need to deepen the knowledge of the existing organisational and remuneration structure in order to improve the management policies and procedures associated with it.

HOW WE HELPED

The first phase consisted of a review of the existing Job Descriptions to unify the model and propose changes. For the elaboration/validation we worked with the Area Managers. In this phase, the development of a Morgan Philips Appraisal Model was proposed. The aim was to lay the foundations of the appraisal and to work on some posts that would serve as an "anchor" for the model as a whole. Once all the jobs had been assessed, Morgan Philips worked on the development of the Job Map. From this, it produced a report of organisational recommendations.

Once an assessment of all the jobs in the company was available, Morgan Philips provided the internal equity analysis, both at Group, Area and organisational levels. Once the internal equity analysis had been carried out, it was proposed to complement it with a study of the external competitiveness (benchmarking) of the remuneration package (fixed, variable and benefits elements). Specifically, this study was carried out for management and middle management positions. This resulted in:

  • The identification of the existing gaps in certain positions with respect to the market in terms of the different remuneration elements (fixed, variable and benefits).
  • The identification of the best practices that were being carried out in the sector of activity that could be included in the remuneration model.
  • Identification of the most relevant areas for improvement that need to be tackled in the short term.
  • Improving the achievement of objectives.

Finally, Morgan Philips reviewed the variable model. Based on the review, a proposal for a new model for Executives and Middle Management was drawn up.

THE IMPACT

The objectives that were achieved through this project were:

  • To obtain an overview of the existing positions in the Group with their corresponding descriptions.
  • To have a single model of job descriptions that would allow their effective use at different levels of the organisation.
  • To have an objective Appraisal System that makes it possible to quantify the contribution of each post to the business.
  • Identify the Organisational Levels to create the company's Job Map.
  • Assess the existing situation in terms of internal equity and external competitiveness.
  • Improve the variable remuneration system.

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