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01-08-24-R
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01-08-24-R
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7/9/2024 9:49:46 AM
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1/12/2024 3:08:32 PM
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Arden Hills <br />We approach compensation study work as a practical, common-sense process <br />— not as some theoretical or statistical exercise in regression analysis. <br />We collect information, analyze it, <br />and communicate our findings in simple understandable ways. <br />Our honest goal is to help you design a compensation system <br />that is technically solid, is one you actually understand, <br />and one that works better than what you have now. <br />We measure our effectiveness as a consulting firm not by studies completed, <br />but by studies that are actually implemented. <br />We do this through customizing your competitive pay philosophy. <br />DDA's proprietary compensation model incorporates the latest data on competitive market conditions with <br />data on your organization. Using this model, we can calibrate and compare your current wage ranges <br />with the market and provide trend lines clearly showing how your wage scales stack up. You will have the <br />information you need to make informed decisions. <br />Internal Indicators <br />• <br />Benefits <br />• <br />Incentives <br />• <br />Healthcare <br />• <br />Retirement <br />• <br />Vacation/ Sick time <br />• <br />Work Balance <br />• <br />Flexibility <br />External Indicators <br />• <br />Benchmarks (size, tax <br />capacity, services, etc.) <br />• <br />Level of Responsibility <br />• <br />Reporting Relationships <br />Experience Required <br />• <br />Size of Organizations <br />• <br />Organizational Structure <br />• <br /># of Employees Supervised <br />PAGE 5 <br />
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