Gemini HR Solutions will work closely with The Client to reach to the most suitable wage structure that is compliant with the wage curve, pay grades, and rate ranges. This service will enable The Customer to achieve the following:
1- To reward employee’s past performance
2- To remain competitive in the labor market
3- To maintain salary equity among employees
4- To mesh employee’s future performance with organization goals.
5- To control the compensation budget
6- To attract new employees
7- To reduce unnecessary turnover
Incentive plans emphasize a shared focus on organizational objectives by broadening the opportunities for incentives to employees throughout the organization. Below are the major output of this service:
1- Characteristics of a successful incentive plan:
2- Financial incentives that are linked to valued behavior.
3- Fair incentive program.
4- Challenging, yet achievable productivity and quality standards.
5- Simple and understandable payout formulas.
Gemini HR Solutions will work with the client to develop the most appropriate benefit plans. These plans include, but not limited to the following:
2- Variable pay
3- Worker’s compensation
4- Health benefits
5- Time-off programs.