I help organisations build trust through fair and transparent pay
The challenge
Pay transparency fosters a workforce of loyal and engaged employees, however compensation is often shrouded in secrecy. A black box of subjective assessments and random figures that are difficult to verify which leads to frustration, confusion, and a lack of trust.
āHow can I get a pay rise?ā
āHow are our salary benchmarks calculated?ā
āWhy is X making more than me when weāre doing the same job?ā
āWhy donāt we display salary bands on job adverts?ā
āWhy do we pay higher salaries in location A vs location B?ā
āWhat factors influence our salary increases?ā
āHow often are our salary benchmarks updated?ā
āI heard HappyPaws pays more for this role. Why donāt we pay the same?ā
The solution
I've simplified the traditionally complex process of salary benchmarking into an easy-to-follow guide. Over 70 global organisations, from the UK to New Zealand, San Francisco and Oman, have used my guide alongside my compensation calculator and compensation philosophy to start their journey towards pay transparency.
Typical running order of a project
Step 1: Project set up & discovery
Starting the project on the right foot
Step 2 - Market Data
Choosing relevant and reliable data to compare yourself against
Step 3 - Job Architecture & Levelling
Introducing a ācommon languageā, aka ājob architectureā so you can map your teams objectively back to the market and compare āapples to applesā
Step 4: Compensation Philosophy & Salary bands
Define your North star for making comp decisions and build your salary bands based on these principles
Step 5: Analyse market position and pay equity
With your comp philosophy and salary bands in place we can analyse whether you have pay equity across the organisation and identify where any potential gaps may exist and fix them
Step 6: Educate & launch
Arguably one of the most important steps is to make sure managers and employees across the organisation understands how pay is calculated
Key deliverables
1. Compensation Calculator
2. Compensation Philosophy
How I work
Iām committed to practising what I preach, so hereās what you can expect from working with me.
Who
Youāll be working with just me. Iām purposely building a one person business.
I'm based just outside of London in the UK, but my work spans the globe, collaborating with clients from the UK and Europe, to New Zealand and San Francisco.
Weekly meeting
- Weāll have a standing weekly one-hour call for brainstorming on a specific topic.
- Iāll send out an agenda 24 hours in advance, outlining discussion points.
Async work
- Async catch ups over email or Slack.
- I also use Loom to share updates. This is particularly useful when explaining modifications made to the compensation calculator.
Costs
Project duration | 6-8 weeks |
My Time | 5-10 days (Ā£950 per day) |
Justly Materials | Ā£5,000 (fixed price) |
Total Cost | Ā£9,750 - Ā£12,600
+VAT @20% for UK companies. No VAT for entities outside of the UK |
I operate on a time-based model, tracking time to provide a clear record of where I spend it. The number of days estimated above are based on my typical engagements. After initial discussions, I'll be able to provide a precise estimate.
ā Ā Compensation calculator ā Ā Compensation philosophy ā Ā Levelling framework ā Ā 2 x Manager training decks ā Ā A ton of comms materials ā Ā Project plan and decisions
āĀ Salary data sets - The price for salary data from providers such as Radford, Mercer, Figures, Pave, and Ravio is not included, so youāll need to set aside an annual budget for this. Annual costs for these can range from FREE to Ā£10k depending on your location.
Things I donāt cover as part of a project:
Not ready for a full project? There are 2ļøā£ ways I can help you
Whether you're starting from scratch or have some compensation elements in place but lack confidence, I can help. Organisations typically use my time in two ways
- Review your existing materials and provide feedback Compensation Strategy Deep Dive
- Become a strategic partner to help tackle a specific challenge they are facing
Day rate: Ā£975 + VAT
This gives you 7 hours of my time and the freedom to:
- Spread the hours over multiple sessions: You can use the 7 hours across seven individual sessions, giving you tailored support whenever needed.
- Use the time all at once: Alternatively, you can utilise the entire 7 hours in a single day or split it over two days ā it's entirely up to you.
Hourly rate: Ā£150 + VAT
- Buy by the hour. Iāll keep track of the hours used and send you an invoice at the end of each month. No time used, no invoice š
Many people find that my templates meet their needs without additional support. For others, a template plus a few hours of guidance does the trick.
FAQs
This website was built without code using Notion + Super ā”ļø by Alistair
Compensation Strategy Deep Dive
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