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Base Pay
Base pay is the cornerstone of any compensation program, representing the regular salary or hourly wage an earns, regardless of performance or the company's financial results. We can help create salary structures and pay progression models to enhance your company's compensation strategy.
Variable Pay
Variable pay is intended to incentivize employees for their performance and encourage them to reach ambitious goals. Common forms of variable pay include bonuses, commissions, and profit-sharing. Bonuses are usually one-time payments given in recognition individual or company achievements. Commissions are earnings tied to an employee's sales results, while profit-sharing involves distributing a portion of the company's profits to employees.
Benefits
Benefits refer to the non-monetary rewards provided by employers to their staff. Typical examples of benefits encompass health insurance, retirement plans, paid time off, and company cars. These perks can play a crucial role in attracting and retaining talent, as well as enhancing employee morale and productivity.
