The power of an effective employee compensation and employee benefits program can be significant. The impact of an inadequate, short-sighted program can be debilitating. HRedge helps clients define, design, and deploy employee compensation, reward and employee benefits strategies that drive organizational success. We will work with you closely to develop a unique total compensation system that aligns employee motivation and productivity with defined roles and performance measures.

The employee compensation and employee benefits programs that we design and implement reflect your organization’s strategy, work culture, value of work and employee performance. HRedge Solutions’ employee compensation systems achieve the following:

• Align rewards with business performance and work culture
• Provide a basis for a competitive and differentiated reward package that reflects the internal and external value of work
• Ensure that roles are effectively differentiated and leveled within the organization
• Enable the internal equity of the reward program – creating consistency among and between employee groups
• Ensure their external competitiveness
• Provide a link between performance management systems and how employees are paid
• Ensure employees have buy-in and understand these new programs to increase the commitment/engagement of employees.

With the assistance of our strategic partners, HRedge Solutions will help design and implement cost-effective, high-value employee benefit programs that go far beyond compliance and standard market practices. These programs will also do the following:

• Communicate employer brand values
• Improve employee retention
• Enhance the total reward package cost-effectiveness
• Ensure that employees truly value the benefits they receive.

Right away, we will help translate organizational values and objectives into benefits package design requirements. But that’s only a start. We can also help to:

• Establish what employees value most and what they want—so that the benefit costs can be allocated to the areas of highest perceived value for employees
• Audit existing benefits packages against both employer and employee needs
• Detail benefit costs, so employers can prioritize expenditures and provide robust “total remuneration” statements
• Clearly communicate benefit package value and components to employees
• Integrate benefits consulting with other aspects of reward and people policies (often organizations manage benefits separately from salary—we offer a more effective, holistic approach).

We use a strategic, collaborative approach between you and our partners to bring you the best in employee compensation and employee benefits design and deployment. We understand rewards and what motivates people. We also realize that no two companies are alike when it comes to what works and what won’t.

To inquire about HRedge Solutions' employee compensation, rewards and employee benefits programs, click here or call 913-859-9284.

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