Click here for more information about this important survey that serves emerging growth technology firms throughout the Mid-Atlantic region.

Among our clients’ most significant challenges is developing and implementing compensation practices that balance overhead efficiency with attracting, retaining and motivating high-caliber employees. KnowledgeBank helps organizations create or improve formal compensation programs to support their growth and business strategy.

A critical, and often overlooked component of designing compensation systems, is developing a thorough understanding of an organization’s overall philosophy, strategy, and culture.  Without a broad and deep understanding of these critical areas of focus, it is difficult to develop alternative compensation systems and practices that are aligned with organizational goals and objectives.  KnowledgeBank works hard to gain an understanding of our client’s business needs, identify and benchmark compensation trends and make recommendations that serve as the foundation to enhance the administration and communication of our client’s compensation systems and practices. 

Our world-class compensation team can provide you with critical intelligence to ensure your compensation system is driving the performance you demand. Our services include:

  • Job Description Development
  • Job Evaluation
  • Market Pricing Analyses
  • Customized Salary Surveys
  • FLSA Assessment and Compliance
  • Development of Compensation Philosophy
    • Competitive Positioning versus the Marketplace
    • Internal Pay Equity
    • Pay Program Components
  • Base Pay Plan Design
    • Design and Development of Salary Structures
    • Salary Budget Planning
    • Design and Development of Merit Pay Programs
    • Development of Salary Administration Programs
  • Variable Pay Programs
    • Design & Development of Variable Pay Programs linked to Performance
    • Design and Development of Executive Incentive programs
    • Sales Compensation Design
    • Special Incentive & Recognition Programs
  • Communication and Training
    • Development of Policies and Procedures
    • Development of Salary Administration Guidelines
    • Customized Training Programs
    • Design and Develop Employee communications
    • Recruitment & Selection Training

“We couldn’t be more pleased with Knowledge Bank and the excellent support and knowledge your consultants have provided. Like most small companies, we do not have the expertise needed to properly manage HR. In very short order, Lillie came in and established herself as the “go to” person for all HR related issues, organized 20 years of files (“files” used loosely), took us to the next level in terms of HR technology and did it without forcing big company structure where it wasn’t appropriate. Like most other small businesses, I found it difficult to invest in HR management. I now consider it money well spent and am confident that the investment will not only save me money in the long run but also provides for a much needed structure from which we can grow. Thanks for providing such talented, knowledgeable and caring professionals.”

Tom Donaldson
President, SugarOak Holdings

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