Benefits and Compensation

Having a competitive benefits and compensation package is vital to an organization’s survival as well as to its growth. Let us help you assess and develop the benefits and compensation programs that work best for your organization.

Benefits Plans

Are you considering offering benefits plans to employees or changing your current benefits plans? Practis HR can help you address the number of administrative, policy and legal issues that exist with such an endeavor.

Let us help you sort things out such as:

• What benefits should I offer?

• Who should receive coverage?

• How will I finance these benefits?

• How will I communicate benefits options to employees?

• Do I want to provide a degree of employee choice in selecting benefits?

• What kind of recording and tracking must I perform with my benefits 
  plans? 

• How do Federal laws such as ERISA, COBRA, and FMLA impact my business?

Compensation

A well designed pay system is one of the most important mechanisms that a company can use to attract, retain, and motivate employees to perform in ways that will delight your customers. Let Practis HR help you ensure fair allocation of pay, establish internal and external pay equity, control labor costs, and develop a compensation plan that is right for you.

The key steps we can take you through to help you establish a solid compensation plan are:

• Job analysis – job specifications

• Job evaluation – compensable factors, classifying jobs, rate worth of jobs

• Market surveys

• Establish pay policy
  

Call Us Today! (585) 225-3340