ecoMarkets Advisory Services helps each client develop a solution that is tailored to fit an organization and its unique culture, values and strategy. Our consultants have experience in broad-based, executive, board of directors and sales compensation plan design, management and administration. The following services are typical 3C offerings:
Total compensation strategy
We identify why and how your organization wishes to recognize and reward its employees. Your total compensation strategy is the blueprint we use to design a program that aligns with and reinforces your organization's short- and long-term goals and objectives. In the context of your total compensation strategy, we make recommendations relating to base pay, variable pay, equity, retirement income, employee development and work environment.
Total compensation assessment and gap analysis
We provide detailed benchmark analyses to help an organization understand the design and value of its external total compensation and reward program and its competitive positioning in its industry and the marketplace.
Business performance assessment
We help identify performance metrics that drive your organization's success. We then compare your organization's financial and operational performance with peer organizations or industry norms to determine the appropriate pay and performance relationship.
Program design
We develop programs that focus on base pay, variable pay, equity, deferred compensation and performance management aligned with the organization's strategy and objectives.
Program implementation
We provide assistance when your organization introduces a new compensation program to your internal audience. At this point, our activities might include providing detailed information about determining pay targets and employee pay levels; program cost analyses; employee skill assessments and transition guidelines; communication strategies and implementation; manager training; and the development of administrative tools.