Ultimate Consulting, Inc.

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Compensation & Benefits

Ultimate Consulting will review your existing benefits whether real cost or fringe benefit to evaluate their effectiveness and competitiveness. UC will make recommendations for changes, additions or modifications where appropriate to ensure you are an employer of choice.

Ultimate Consulting will evaluate your existing compensation program to see if it meets the goals of the company, is competitive in the market place and complies with the Fair Labor Standards Act and equal employment opportunity statutes. In addition, UC can establish and implement a base compensation program utilizing the following steps:

• Facilitate individual discussions with key leadership to identify compensation philosophy and marketplace definition and positioning.
• Review existing job descriptions.
• Using published survey sources, determine base salary market value for each position.
• Develop a market based salary structure.
• Slot any unpriced positions, utilizing a simple job slotting methodology.
• Develop compensation policies and procedures to ensure effective ongoing salary administration.
• Provide a methodology for determining the impact of implementing the new salary structure.
• Ensure compensation system aligns with performance management system.
• Develop a plan for implementing the new compensation system.
• Meet with leadership to present findings, discuss recommendations and options, and to finalize components of the compensation program.
• Design and facilitate a training program for managers.

• Audit/Modification/Development

• Job Analysis& Position Description

• Base Pay Program

• Incentive Compensation Plan Development/Installation

• Deferred Compensation Programs

• Benefit Surveys vs. Market Surveys

• 401(k) Services

• 360 Degree Performance Evaluation