Consultancy Services

We advise organisations of all sizes across all business sectors on every aspect of remuneration. Assignments range from small discreet pay benchmarking exercises to major projects covering all aspects of our reward-related consulting services. Our consultancy services include:

Reward Strategy - following a merger, acquisition, disposal, change of ownership or other strategic change we work with our clients to determine an appropriate reward strategy covering all levels in the organisation.

Reward Benchmarking, ranging from base salary to total compensation guidelines:

• Main board remuneration reviews covering executive and non-executive directors, executive committee and, if required, acting as advisors to the Remuneration Committee
• Divisional management team remuneration reviews
• Management remuneration reviews covering all levels in an organisation or focused on a particular function
• Ad-hoc job pricings establishing market remuneration practice for an individual role at any managerial level in the organisation

Job evaluation and grading design using the Monks Six Factor (6F) job evaluation system. This non-bureaucratic and simple to use job evaluation tool has proved successful in a wide range of businesses from small high-tech start-up companies to established groups. Job evaluation is particularly useful following a group restructure or merger to provide a template to ensure reward practice is consistent on a group-wide basis.

Annual bonus plan design covering all levels in the organisation. We work with clients to ensure that any plan developed reflects the key performance drivers and culture of the organisation.

Long term incentive plan design, covering the executive directors and senior executives in an organisation. Our service include:

• design, where we will advise on whether plans reflect the long-term strategy of the organisation
• interactive modelling, to understand the potential payouts and costs under different performance scenarios
• drafting of the scheme rules and shareholder circulars
• employee communications advice

Pension practice benchmarking against the wider market place and advice on pension plan design.

Corporate governance advice, including compliance with codes of best practice, London Stock Exchange regulations, and guidelines issued by institutional investor representative bodies. We regularly liaise with such organisations.