CONSIDER A CUSTOM APPROACH IF YOUR | CONSIDER PUBLISHED SURVEYS IF YOUR |
---|---|
Positions are unique | Positions are common to other organizations |
Business will go through organizational changes/ expansion | Business will remain relatively stable |
Industry is changing | Industry is not changing |
Interested in data beyond salaries and bonuses such as long-term incentives, perks, paid time off, group insurance or retirement benefits | Interested primarily with salaries and bonuses or prevalence of total rewards plans. |
Criteria for compensation comparison is to target your compensation levels to compete with specific companies or a specific industry | Criteria for compensation comparison is not as strict and can be based on location, economic sector or size parameters |
Timeframe is longer – custom surveys typically take 8 to 12 weeks to conduct | Timeframe is shorter or immediate |
Budget is larger – to get the best solutions to your issues | Budget is limited – surveys cover a large number of positions for a competitive price |
In-house knowledge is limited – you need professional advice, recommendations or assistance with implementation | You have the in-house knowledge to apply the data appropriately |
See services available. | See surveys available. |
Whether you need custom consulting solutions or one of our published surveys, WCBC can assist you with all your compensation needs. Contact us for more information.
Our Total Compensation Valuation System financially values all components of compensation and is the most advanced system of its kind in the marketplace.
For 40 years WCBC has successfully provided compensation solutions to private, public & not-for-profit employers of all sizes from a wide variety of industries.