Company News...
The Sale of Baked Goods Comp-unications recently
completed a project with a company to develop an incentive plan to increase the sale of baked goods.
The plan focused on sales revenue and profit margin.
Partnering with a Law Firm Comp-unications recently
partnered with a law firm in conducting an FLSA
compliance review. As a bi-product of the process,
the client was able to develop more accurate job
descriptions and to discuss job design issues from
both a legal and a human resources management
perspective.
Private High School A private
high-school asked Comp-unications for assistance in
creating new pay scales for the teaching
staff. The process involved meeting with
teachers to discuss pay issues.
Bio-Sciences Company Comp-unications
is leading an effort to introduce a pay plan that will
offer pay growth opportunities based on learning and
applying new skills on the production floor.
Construction Company Sharing success
is the goal of this company. While management has
always been willing to provide bonuses to employees, the
goal of this project was to make the determination and
distribution of bonuses more effective.
Alcoholic Beverage Distributor This client
has engaged Comp-unications to review the review the
FLSA status of employees in various jobs. Relevant
information will be collected using available job
descriptions and employee interviews.
Innovative Electronics Company Comp-unications recently
completed an executive compensation study for a regional
electronics company. The next project we will be
working on is a company-wide, productivity incentive
plan, which will support management's objective to
encourage more cooperation throughout the
Company.
Pharmaceutical Company A pharmaceutical
company in the New York Metropolitan area has decided to
implement a new MBO program for its management
team. Comp-unications is managing the project,
which will represent a significant cultural shift for
the Company once completed.
Merger of Two Power Generation Companies A
merger of two power generation companies has produced a
need to integrate the pay practices and pay levels of
two different organizations. Comp-unications has
been asked to help resolve issues relating to internal
pay equity and external market competitiveness.
The new company will have over 2,000 employees and
operates in many states.
Large
Credit Union Comp-unications has
been asked to re-construct the base pay program for a
large credit union in New York City. The new plan
will be based on current market information and will
reflect the dynamic needs for attracting and retaining
employees in such a competitive area.
Defense
Contractor A defense
contractor located in New Jersey has identified a need
to restructure its pay plans for exempt and non-exempt
employees. The Company operates with technology
that is highly specialized and wishes to improve its
ability to retain the talent that it develops from
within.
Distributor
of Design Fabrics and Wall Coverings This Company, a profitable
division of a much larger company, needed current market
information on the compensation levels for its
management team as input to ongoing discussions with its
parent company. Comp-unications developed a market
analysis and compared it with the analysis that had been
provided by the parent company.
National
Research Laboratory The Laboratory
needs to re-examine the existing pay levels and salary
administration plans for employees in two areas:
Facilities Maintenance and Food Service. One step
in the process will involve conducting a custom wage
survey of hotels and private clubs to obtain wage
information.
Manufacturer
of Imaging Equipment Recent
changes in the executive staff of a Company that
manufacturers imaging and other equipment for various
industries have resulted in a need to re-examine the
compensation package of certain executives. The
project has involved an analysis of both published
survey information and the proxies of publicly-held
companies.
Health Insurance Company Due to a recent
merger, a Long Island Health Insurer is preparing for a
change in its culture. A portion of its workforce
will now be unionized. To prepare for this change,
the Company engaged Comp-unications to reconstruct their
existing pay ranges based on local market
values.
Adhesive Tape
Manufacturer Developed a base pay
system with a pay-for-skill component.
Pay-for-skill provides increased hourly pay for
employees who improve their skills, thus becoming more
productive.
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