Compensation Plan Design Featuring the WMS Equi-Comp® System

At the core of every well-conceived total human resource program is a sound base compensation system.

Base Compensation for Exempt and Nonexempt Positions

Skill-Based Pay

Executive, Management, and Sales Incentive Plan

Base Compensation is made easier with the WMS Equi-Comp® System of Job Measurement or the WMS Equi-Comp® Direct Market Pricing System

The Equi-Comp® system meets all the criteria for job measurement as outlined by the National Academy of Sciences and is expressly designed to yield accurate job measurement and job pricing with a minimal expenditure or management time.  The program was designed to be integrated into a company's own system or maintained at the WMS corporate office.

Our powerful approaches to base compensation...

• are easy to install and maintain;
• facilitate communication and planning;
• reflect your organizational values;
• build internal commitment;
• ensure accurate job pricing, based on data collected from over 1,000 companies in 800 cities with specific industry/geographic breakouts;
• provide management with a clear, accurate picture of how your organization's job-specific pay compares to others;
• provide strategies for altering your pay structure to be competitive;
• can potentially reduce turnover significantly.

Skill-Based Pay helps you...

• support corporate quality improvement programs;
• attract the key people you need to meet ever-demanding job requirements at all levels;
• facilitate cross-functional versatility, generally the result of work re-engineering, staff downsizing or other restructuring;
• attract professionals with the knowledge required to serve clients needing complex high level services and hi-tech products.

Executive, Management and Sales Incentive Plans...

• relate incentive pay to performance;
• understand what leads to satisfaction and to motivation;
• offer competitive incentives, overall and by major functions;
• understand the traditional and unique plans in your industry;
• correctly manage incentive plans.

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Last modified: 12/15/09