The Great Resignation is creating a big challenge for Employers – How to retain top notch employees today? Demand for top performers is higher than ever and these talented job seekers are quickly picked up by companies.
Entice and retain your top performers by providing them a meaningful pay equivalent to their job and position.
How DEC can help:
Worried about how your pay rate compares to others in the market? Is it sufficient to attract and sustain the top talent ?
DEC offers Salary Benchmarking to ensure your pay rates remain competitive with the market.
We help you judge how you are positioned vis-à-vis the market , so that you can make smart decisions related to pay rate.
We assess a number of factors including job attributes, skills and data.
We recognize that employee pay constitutes one of the biggest costs in your organization. Compensation that is too high will impact your profits , very low pay leads to problems in productivity and getting the right talent.
A well administered pay and classification will help attract and retain skilled employees.
DEC follows a very detailed process for developing a comprehensive pay and classification plan. We start with a detailed study of the position from all aspects.
We use Position Description Questionnaire, interviews and other tools.
Our services include :
Classification Specification Update