Compensation Consulting Services
COMPENSATION STRATEGY DESIGN
Establishment of a compensation strategy is the first step in ensuring successful achievement of compensation programs. This process ensures alignment of the compensation programs with the long-term business strategy and goals. This also provides the foundation to articulate the compensation philosophy and strategy to the Board of Directors, Shareholders, Leadership and Employees.
COMPETITIVE MARKET ANALYSIS
Over the last several years, the economy and labor market have had a significant impact on an organization’s ability to attract and retain talent. We are seeing an unprecedented demand to top talent, and having competitive compensation programs is a key to success. Catapult partners with our clients to evaluate their current compensation programs, pay rates and incentive plans to ensure employees are fairly compensated and motivated to achieve results.
MANAGEMENT INCENTIVE PROGRAMS
As competition for top talent heats up, more organizations are revisiting management incentive plans. We have vast consultative experience helping clients align participants with the key interests of company strategy, shareholder expectations, and the competitive market.
EQUITY INCENTIVE PROGRAMS
Equity compensation ensures focus on long-term business-objectives. This ensures leadership is not only focused on achieving annual goals but ensures their decision making aligns with the long-term goals of an organization. Catapult has the expertise to design these programs for start-up companies, as well as established public and privately held organizations.
EXECUTIVE AND BOARD OF DIRECTOR COMPENSATION CONSULTING
Executive compensation comes in diverse forms, and Catapult specializes in developing comprehensive plans to attract and retain officers, directors, and key staff. Key components may include long-term and deferred compensation, key person insurance, transition, and continuity planning.
SALARY ADMINISTRATION
Catapult can help design salary administration programs including:
• Competitive salary structures based on market pricing and internal equity.
• Implementation of performance evaluation method and procedures.
•.Competitive annual merit process with calibration, ensuring internal equity across the organization.