Optimize your greatest return in your largest investment - your people.

Solutions

Compensation

Data tools used for measuring compensation ROI, retention costs, and pay equity.
  • Find comparable market matches for your current or planned jobs to ensure accurate salary setting. We will finetune the data source to match your labor market. Our matching process is based on your entire job descriptions’ contents, not just titles.

    Compare how you’re doing compared to the market with our gap analysis, broken down at the company, department, and individual level.

    If you’ve already purchased third-party survey data, we can work with that!

  • Use the market data as a foundation to establish salary ranges for your organization. We can create job-based or grade-based ranges based on your organization’s needs. We’ll also walk you through how to communicate with employees their progression within a salary range.

  • Build a job architecture for your organization to establish clear career paths for each of your employees. Whether it’s plotting out your current structure or planning for future hiring needs, we will create a clear qualification matrix showcasing your entire organization.

  • Reward your employees based on a clear, articulated plan that provides motivation for your employees and predictability for your organization.

  • Paint the entire picture of what your employees receive from you rather than just a paystub. Completely customizable based on your organization’s offerings.

  • If you’re just establishing compensation practices or want to review what you currently have, a Compensation Philosophy document is the best place to start. We’ll establish and incorporate your compensation methodology and processes in one centralized place for your People/Comp teams to reference.

  • Our Compensation 101 Manager Training is the most appreciated service we offer. We break down compensation strategies and terminology in a digestible way for mangers to not only understand it themselves but also communicate clearly and accurately to their employees.

    This presentation can be done by either us training your team to deliver it, or us delivering it directly.

Technology + Partners

Using HR software tools from Payscale and Performio to optimize compensation programs

If you’re looking to implement compensation or HR technology into your organization or are interested in a service you don’t see listed, reach out to see if there’s an opportunity for us to work alongside one of our partners. Preferred partner pricing may be available.

compport - compensation software and analytics tools
Payscale - Market compensation data software
CraftHR - HR consulting and outsourcing for small to mid-sized organizations
Performio - Sales compensation planning software
Tier1 - Business strategy and design consulting

“The information provided by Payformance Partners is by far the best I have ever seen in 34 years of working with salary information. The team is always professional, fast and does a very thorough job. I highly recommend them!!!”

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