The competitive corporate world puts a premium on the talents of those whose job it is to earn profits for a particular company. BCC’s executive compensation consulting services help businesses discern the viability of compensation packages, create competitive plans, and attract and retain top-level leaders.
BCC’s compensation consulting services alleviate the burden of making sure that the benefits provided work within the financial structure of a company. We will conduct a careful analysis of the present benefit structure in a business, identify improvement potential in the plan for employees and the business and advise on how to proceed if areas of potential improvement can be detected. We help clients craft excellent plans that appeal to executives and increase value for shareholders. We also conduct implementation of new strategies and continue monitoring the plans for long-term viability.
Using executive compensation consulting ensures that salaries being offered to such key personnel are the byproduct of an understanding of the current marketplace. This pertinent data is obtained through concepts such as analysis of peers in similar circumstances and salary surveys.
BCC also provide executives with estate planning advice, including the creation of strategies that take advantage of specific compensation plans. This ensures that steps are put in place which allow for those executives to have peace of mind regarding unforeseen or predictable changes.
BCC also considers the prospect of change at the very top of the organizational chart. A succession plan guarantees a smooth transition - instead of a mad scramble - when an employee becomes unavailable. This not only damages company morale, but the bottom line and reputation of the firm.
The use of compensation consulting services avoids that harrowing prospect and offers the necessary data to make sure that poaching of key personnel from competitors is avoided. BCC has been delivering on that promise since first opening its doors in 2004 and is ready to take on the challenge of serving as your compensation consulting firm.
If you’re interested in generating value and attracting superior leadership with effective executive compensation plans, contact us. We look forward to working with you!