Covid-19 Employee Compensation Resources

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Coronavirus Compensation Resources

Recent weeks have been filled with a steady stream of compensation questions related to Covid-19. To help save time, we will be gathering all relevant and helpful compensation resources for weathering Covid-19 on this page. Beth is currently scheduled to help host several webinars and podcasts, and will have Coronavirus specific publications coming out soon. All of which we will share here once they are published.

Make sure to check back soon, or follow us on LinkedIn for the most recent updates on events and content. Additionally, check out our Covid-19 Employee Compensation Guidance page for more ways we can help you and your team.



Related Project Types

1P1P Project: One plan, one role (All remote, No on-site visit needed)

A 1P1P Project is great for start-ups and small companies, and those with an immediate need for a compensation plan for one person in one role. The 1P1P Project is a virtually delivered program that’s a fast, affordable alternative to big consulting firm fees.

The 1P1P Project includes:
• All plan design details
• Basic market pricing
• Economic testing
• Incentive plan documentation
• Outlining of goals and expectations
• Review of business goals and impact of this role on those goals
• Role clarification
• 3 months of post-project support
• Turnaround is approximately 2-3 weeks

Remote Design Project (All remote, No on-site visit needed)

When your needs span several roles but you have only a few people and will not have much of an issue with change management, our Remote Design Project is right for you. We’ll spend time with you and your senior leaders in series of virtual meetings to flesh out the best designs for your team. We’ve successfully executed a number of remote engagements for small to medium-sized organizations (5 to 20 people) just like yours and look forward to helping your team.

A Remote Design Project includes:
• Compensation plan design for up to 5 roles (salary bands and incentives)
• Market benchmarking of pay levels for the 5 roles
• Plan documentation
• Pro-forma economic modeling (no historical testing)
• Roll-out training
• Strategy and structure review/refinement
• 6 months of post-project support
• Turnaround is approximately 4-6 weeks

Full Service Remote Design Project (All remote, no on-site visit needed)

When you need more in-depth assistance in clarifying business objectives, streamlining your organization structure, improving accountabilities and role definition, and are developing incentive plans for several interconnected roles for a large staff, we recommend a Full Service Remote Design Project. This solution is often selected by medium-sized to larger companies, or small companies undergoing significant transition and typically includes on-site visits. Covid-19 has unfortunately made on-site visits irresponsible for the immediate future, but our extensive experience working remotely with large teams leaves us with the utmost confidence that we can meet the needs of your team through the use of online meeting tools.

A Full Service Incentive Plan Design Project includes:
• Business goal clarification
• Business strengths assessment
• Compensation plan design for all roles in scope (salary bands and incentives)
• Development of career levels for highly populated roles
• Employee change management
• Extensive pro-forma and historical economic modeling
• Goal-setting guidance
• Incentive plan documentation
• Market benchmarking of pay levels for all roles in scope
• More detailed Excel template for use by your staff for doing plan calculations (variable based on your needs)
• Roll-out support
• Organization redesign and role change/definition
• 12 months post-project support
• Turnaround time is at least 90 days, but may take longer depending on size of organization and magnitude of change