Compensation and Rewards Strategies
Rewards & Remuneration Strategies
Having a competitive rewards and remuneration strategy can make or break a business.
To attract and retain the kind of talent you need, remuneration packages should focus on more than just the base salary. Employees today are seeking non-monetary rewards, such as better work-life balance, along with short and long term incentives that make your organization a desirable place to work.
The best reward strategies should align with your overall business strategy, company performance, and the needs of your employees.
At York HR Solutions, we know how to combine financial, organizational, and behavioural components to create a total reward architecture. By grouping both financial and non-financial needs together, our aim is to create a balanced approach that benefits everyone involved.
Our Approach to Rewards and Retention
We can create a custom reward program for your company that encourages a long-term, successful outcome for your business and employees.
Working with key players in your business, we identify your business strategy, business model, employee demographics, and business culture. Once we’ve made our assessment, we’ll review your reward program and recommend key strategies specific to your organization.
This could include building competitive and successful pay systems, employee incentive programs, or Executive Compensation Plans that position your company for success.
Find Out More…
If you’d like to develop a custom reward structure that fits seamlessly with your business strategy, we can help. Contact us at 604.317.6722 or complete our online form to book a personal appointment.
“Pat York and Evaleen Jaager-Roy are some of the best consultants I’ve worked with. Pat’s approach is thorough, evidence-based and she pays meticulous attention to detail. Our organization will have an outstanding organizational design and a well-developed compensation program and philosophy that will serve us well for many years to come.”
~Diane Finegood, President & CEO, Michael Smith Foundation for Health Research
