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Broad-Based Rewards
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What happens when an incentive program does not drive the desired employee behavior? Sadly, poorly designed incentive programs cause more harm than not having one at all. This is particularly true in times of dynamic market change, when obsolete strategies and reward programs address unattainable or irrelevant goals. Conversely, nothing drives organizations to higher planes of success than a well formulated, communicated and implemented incentive program. Our consultants can help you assess both the competitiveness of your current incentive plans as well as the overall design and mechanics of the program and can collaborate with you though the process of creating new programs that will allow your company to reach its organization goals.

Top Five also offers key capabilities in the competitive assessment and design of all aspects of compensation for your broad-based employee population. Using proprietary market data and client-supplied third-party surveys, our consultants offer an in-depth review of the competitiveness of base pay, incentives and equity compensation at all levels in your organization. This data can be summarized in a variety of ways to develop program recommendations.

Top Five also assists clients in the implementation of these broad based pay strategies. Depending on the clients' needs, Top Five consultants have helped clients prepare formal documentation for the program, communicated the program to employees and assisted in the administrative aspects of the program (such as setting up systems to monitor results and methodologies for client personnel to annually update pay information).

To learn more about our consulting services, contact Jay Edelman at (510) 745-8675 or (email to jedelman@top5.com)