| Compensation consultants specializing in:
In addition to competitive and equitable salaries, management compensation generally includes a bonus program. For senior management, there is also often a long term incentive program even in privately held corporations. These might however be more difficult to develop.
Sales representations compensation also presents significant challenges. Too often, commissions programs are the basis. Rarely do these types of programs meet sales objectives. On the other hand, a bonus program should be more effective since it can be more closely aligned to the organization’s sales strategy.
As compensation surveys specialists we conduct each year, several major surveys where over 25 000 employees are reported in some 250 distinct jobs. Our Compensation Data Bank is unique in Quebec.
In Quebec, any compensation program must take into account the Pay Equity Act. Hence, any employer of more than 10 must have completed its pay equity program and posted its results. Any employer who has completed its pay equity program must maintain it. |
