Is what you pay your employees giving
Compensation—commission based for
producers and salary-based for staff—is quite often
one of trickiest management issues. You can’t afford
to pay too much but if you don’t pay enough, you
can’t hire or retain quality staff. After all,
money is what it’s all about. Right?
Well, no. Money—salary—commission—bonuses—raises—money
is not what it’s all about. But unquestionably,
an inadequate compensation program will surely be a
de-motivator. And it can keep you from being competitive
in your job
Transformation Advisors can help you
develop a compensation plan for producers and staff that
- Recruit the best staff available talent
these employees through motivation and incentives
behavior that helps the agency meet its overall
Because compensation has an important
effect on the agency’s
business strategy objectives, it is critical
to link the compensation program with those objectives.
it comes to compensation planning, that’s
Then, and almost as important, compensation
planning has to meet the needs of the people
work. So our planning model includes understanding
other agencies do
- What the best agencies do
- What will work
The Transformation Advisors Performance-Best
compensation model asks you to think in terms of total
and benefits, as well as all other rewards
both financial and intangible.
We’ll help you think about what employees need
to do to meet the agency’s business
goals (things like boosting productivity,
updating agency culture,
improving workflow processes, increasing
customer satisfaction, etc.), and then
make certain that the compensation plan
rewards those actions.
Producer and Staff
Plans differ. The
Performance-Best compensation model
Staff Compensation Plans
doesn’t mean static. And since external conditions
and agency operations are not static, your philosophy
and approach to compensation may not be either. We can
help you with ongoing evaluation and modification so
compensation stays aligned with changes in agency structure,
employee responsibilities and overall agency mission.
And the marketplace.
And because change is sometimes painful,
we also help you with strategies to implement new plans
faith with your team.
To take a strategic approach to
producer and staff compensation. For incentives that
support your strategic
compensation plans that reward the best employees
for their best efforts without breaking the bank...
Fill out our on-line
form or call Transformation Advisors at (530)