Compensation Plans that Match Your Company’s Strategic Pay Program
We align your company’s strategic business needs and vision with a competitive compensation plan.
We built plans around a client’s needs. Based on the assessment, a customized compensation solution will be developed.
Our services include a variety of dynamic market reports on our online compensation management system.
POPULAR COMPENSATION PLANS TO CHOOSE FROM
Basic Plan
The compensation market has experienced much turbulence over the last few years. It can become difficult to keep up with inflation, new labor laws, and job-hopping trends. To help you gain general insight into competitive pay rates based on factors like industry, location, and company size this low-cost solution. Our Basic Comp Plan is designed to help you get a salary competitive analysis of where your company lies compared to other organizations competing for talent.
Advantage Plan
This market-driven plan includes the most essential elements of a compensation plan. This is the best plan for companies that want a comprehensive solution. If you are starting with creating a plan or currently have an established one and would like to update your pay program, this plan includes the most fundamental compensation elements. This plan includes your company’s overall market position, market analysis based on matched job descriptions, grades & ranges, a written compensation plan, staff training, and more.
Integrated Plan
The plan includes all features of the Advantage plan, including training, policy manuals, and implementation support. This compensation plan also includes the tools to best manage pay equity and compliance obligations as required by states with pay transparency requirements, including NY, WA, CO, CA, and DC. We recommend this to companies subject to fair pay and transparency requirements and to companies who wish to embrace their social responsibility towards equitable pay.
Total Rewards Plan
Manage your employee rewards program under a single plan. This approach opens flexible options to match what competitive packages employees are asking for. Having a competitive package is linked to higher employee retention and productivity. Higher retention and less turnover will reduce employer costs and improve morale and employee satisfaction. The Total Rewards Plan includes all features of the Integrated Comp Plan. The Total Rewards Plan also includes a Benefits Analysis and a Market Comparison of the existing benefits plan.
Fee Transparency
At Blue Whale, we take pride in our unparalleled commitment to transparency, which sets us apart from the competition. We firmly believe in providing you with upfront and crystal-clear pricing tailored to your requirements. Say goodbye to uncertainty and take advantage of our hassle-free process to obtain an instant Compensation Plan quote. Rest assured that no personal information is necessary, ensuring your privacy is fully protected.
Let’s Start the Conversation
Contact us to learn more about our compensation services and how we can help you take your program to the next level. Let’s start the conversation!