Pay Design and Modelling

Pay is a major expenditure for any organisation, so it is vital that it is controlled in the right way

The current labour market and economic climate means that reward specialists are required to meet increasingly complex demands and deliver flexible and effective solutions for their organisations. The need for sophisticated financial management of one of your organisation’s major costs has never been greater.

Well designed grade and pay structures are key ingredients to achieving a successful reward strategy and effectively managing your pay expenditure.

 

Many budgeting tools don't help you to compare markets or anticipate trends. Traditional methods such as spreadsheets can be complex to develop and maintain and prone to errors.

These issues are resolved by Pay Modeller; a purpose-built tool for designing and costing pay structures.

Pay Modeller's graphics allow you to instantly assess the cost implications of your structure and identify how the pay of individual employees compares to market averages.

Built upon 20 years of reward consultancy and software technology, Pay Modeller meets the sophisticated and diverse needs of reward specialists. Our solution offers an in-depth pay modelling capability that is missing in both general purpose HRIS packages and in streamlined pay decision administration systems.

Our Pay Modeller application has been successfully utilised in over 400 different organisations with varying degrees of complexity.

 


 

 To download a fact sheet on Pay Modeller, please click here

  • Provides graphical visualisation of your current pay situation
  • Straightforward automated import of data from your HRIS, payroll and other sources using the built-in Pay Importer™
  • Comprehensive graphical scattergram analysis with zoom feature and job/person drilldown enables you to visualise your pay situation both now and over a projected time period
  • Click and drag of grade and pay range lines to revise pay structures
  • Models a wide variety of pay for performance/contribution approaches
  • Handles competence skills/objectives based performance criteria
  • Provides detailed standard reports on base cash, total cash and total package for each member of staff
  • Manage and analyse multiple salary surveys with the optional MarketRate module.

Well designed grade and pay structures are key ingredients to an effective organisational reward strategy.

Appropriate structures ensure that the organisation has a clear pay hierarchy, with clarity on what individual jobs should be paid. It provides a basis for pay progression and comparing internal and external relativities - therefore maintaining organisational competitiveness and pay equality.

Our consultants have particular experience of working with organisations undergoing significant change and have provided advice and developed new pay structures in many Public and Private sector organisations. They work closely with Management, Trade Unions and consultative committees to deliver successful outcomes to any business.

We work with organisations to demonstrate the impact of alternative pay structures covering all fixed and variable pay elements.This enables organisations to actively manage pay costs and reduce risk.

 


 

 To download a fact sheet on Pay Modeller, please click here

Some of the organisations who have used our pay modelling solutions include:

  

 

Case Study

Click here to read how we helped Arup create new grading structures

NorthgateArinso contributes to CIPD Research

Dan Wilson, Director of Consultancy, contributed to a CIPD research project on the pay review process.

CIPD members can click here to download the full report from the CIPD website.