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Compensation and benefits systems seek to balance employee motivation and pay structure costs.
Here are some of the benefits:
Lack of satisfaction can lead to feelings of anxiety and distrust on the part of the employee and loss of the organisation's competitiveness, so it is important to find the balance between satisfaction with the compensation obtained and the company's competitive capacity.
At Morgan Philips we believe that this is one of the fundamental pillars when it comes to attracting and retaining the best Talent, which is why we work with the latest trends in Compensation and Benefits strategy in order to create efficient value propositions. We conduct compensation studies ranging from compensation benchmarking to gender-sensitive compensation audits.
Remuneration studies are a management tool based on an in-depth analysis of the remuneration elements that make up the salary structure offered by the organisation, both financial and non-financial.
HOW WE CAN HELP
CASE STUDY:COMPENSATION AND BENEFITS
Company in the tourism sector, after a conversation with the Human Resources Department, we were 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.
View case study
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BUILDING STRONG AND AGILE TEAMS
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MAKING THE BEST HIRING DECISIONS
IDENTIFYNG AND DEVELOPING THE TALENT OF FUTURE MANAGERS
PROMOTING DIVERSITY AND INCLUSION
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