COMPENSATION AND BENEFITS

WHY

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.

HOW

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.

WHAT

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.