Base Compensation

Are you looking for a quick market analysis? A full-scale compensation program design? Or something in between? We're your source for assistance in this area. Click on a link below to learn how we can support you:

  • External Market Pricing - Individual Positions

     

    How many times have we heard "I can make more money at our competitor down the street?" With Astron Solutions on your side, you won't have to guess at the market competitiveness of your organization's compensation program. We can benchmark base pay, pay differential, incentive payouts, and benefits levels to determine your organization's competitive position. The choice to use published survey data or custom survey analysis is yours.

    In addition to determining your competitive stance, we'll provide you with recommendations to help you get where you want to be.

    To start the process, send us your job description for the position under review, your compensation philosophy, the position's current pay range, and your incumbent(s') current pay and bonus information. Within 3 business days, you will have a PowerPoint report outlining our methodology, findings, and recommendations.

  • External Market Pricing - Large Scale Projects

     

    Do you have a base pay system that's lost touch with the market? Or perhaps your organization has never had a formal pay structure. No matter your situation, put the expertise of Astron's team to work for you. We'll first partner with you to understand your current situation - opportunities and constraints - as well as your strategic goals. After our discovery phase, we'll develop a market-based pay system that reflects the external market as defined by your organization and its realities. We'll market price a variety of jobs across disciplines and levels to obtain the most relevant data. The number of jobs we examine is up to you. Some clients need only 20 jobs priced, others 200. Either way, our flexible, innovative approach to cash-based compensation programs will help you make the most of a limited compensation budget.

    Market Pricing Appendix XYZ Company

    XYZ Company Market Pricing - Senior Management Presentation

  • Internal Pay Strategy Design / Job Evaluation

     

    Sometimes the market just doesn't match your organization's job. Job evaluation may be the solution for effectively and defensibly slotting positions into your base pay system. Our consultants will work with you to develop a custom job evaluation plan that addresses the relative value of jobs within your organization. We can then partner with you to develop a job description system starting with your current job description information, to save you and your managers the added time and expense of providing new job documentation in support of the job evaluation process.

    Our services don't stop after initial implementation. We'll assist you for years to come to make sure your custom plan meets your organization's changing needs and the market's changing demands.

    Looking to automate this process at your organization? Look no further than FLARE(TM).

  • Custom surveys

     

    Astron's salary and benefits surveys can clear the muddy waters of total rewards for critical positions in any industry / region. Provided with a list of potential participants and desired information, our consultants will translate your needs into a custom survey. We'll provide you with the data you need while meeting all legal anti-trust requirements.

    Spotlight: Louisiana State Healthcare Surveys

    Since 2002, we've conducted healthcare compensation and benefits surveys for the state of Louisiana, sponsored by the Greater New Orleans Society for Healthcare Human Resources (GNOSHHRA), ShareCor, the Louisiana Hospital Association (LHA), and the Metropolitan Hospital Council of New Orleans (MHCNO).

    Our largest Louisiana survey to date was the Spring 2003 Staff Survey. The results represent wage and differential data reported by 78 organizations encompassing 53,526 incumbents in 153 positions. Click on the link below for a sample of the final report; we're sure you'll understand why our surveys have been so well-received in Louisiana!

    Sample Survey

    The salary survey of staff and leadership positions is conducted each Spring. Data collection begins in March, with results available in late May. 

    Interested in purchasing back copies of the Staff, Management, or Benefits surveys? Contact us and we'll send you the information you need.