The Challenge
A high growth start up needed a compensation and benefits strategy that could attract in-demand talent while scaling rapidly, all before a fully established HR function was in place. With rapidly evolving workforce needs and increasing complexity, there was a risk of inconsistency, compliance gaps, and an inability to attract and retain critical talent.
What Orgshakers Did
- Designed and embedded a competitive and affordable total reward strategy
- Developed a scalable compensation framework that included a clear compensation philosophy, competitive salary bands, employee benefits (healthcare, 401(k), other non-monetary benefits and equity plans.
- Sourced and implemented competitive benefits plans (e.g: healthcare) appropriate for the stage of the company
The Impact
- A market ready compensation and reward structure from day one
- Accelerated hiring and improved candidate and employee experience
- Controlled risk
Reward & Performance
