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James E. Rocco Associates, Inc.
James E. Rocco Associates, Inc.

Consulting Services

Total Compensation Strategy

  • Guidance in identifying a target for the organization's competitive position relative to the external market in its mix of base salary, incentives, benefits and perquisites

  • Creation of innovative staff and management incentive award plans that drive organizational results

  • Review and analysis of benefits and perquisites in relation to the external market and in context of a total compensation strategy

The goal is to ensure that the total compensation strategy is competitive within the labor market enabling the organization to attract, retain and reward high quality staff.


Base Salary Management Programs

  • Job analysis
  • Job descriptions
  • Job evaluation
  • Market pricing analysis
  • Custom compensation
    surveys
  • Salary structure design
  • Salary administration plans
    and procedures
  • Merit increase guidelines
  • Staff communication plan

The goal is to design and implement base salary management programs that are externally competitive, internally equitable, administered in a consistent manner and well communicated and understood.


Executive Compensation

  • Facilitation of discussion with the Board of Directors or Compensation Committee to establish a compensation strategy for key executives

  • Identification of special skills, abilities, unique qualifications and issues that affect compensation

  • Development and review of an executive's total compensation package (base salary, incentives, standard benefits, supplemental benefits and perquisites) to assure competitiveness within the labor market

  • Preparation of reports to determine compliance with IRS "Intermediate Sanctions" regulations and to demonstrate whether or not total compensation provided to executives is reasonable in relation to comparable organizations

The goal is to create an appropriate and competitive executive compensation package that attracts, retains, motivates and rewards executives with the skills and experience to provide leadership, produce results and assure operational efficiency.


Incentive Compensation

  • Design of short- and long-term incentive plans to motivate and reward eligible staff for achieving predetermined organizational and individual performance objectives

  • Development of management incentive plans that provide cash awards to those with the highest level of accountability for organizational success

  • Creation of spot award programs (one-time lump sum payments) and non-cash recognition awards to acknowledge significant individual or team achievements

The goal is to utilize incentives to enhance organizational efficiency, stimulate productivity and motivate and recognize exceptional individual and team performance that significantly contributes to the organization's overall success.


Performance Management Systems

  • Customization of performance management systems and forms for effective performance planning and prioritizing of activities, noting progress and changes in goals, measuring end of year results and planning for staff development

  • Identification, definition and integration of core competencies that reflect organizational values

  • Design and delivery of training programs to provide managers and supervisors with a thorough understanding of the new system

The goal is to establish clear "line of sight" links between individual and organizational performance, well-established criteria for measuring performance results and a process that supports ongoing monitoring and feedback throughout the performance cycle.


Related HR and Benefits Consulting Services

  • Organizational Review - analysis of organizational and staffing patterns and the development of recommendations for organization structures that promote accountability, succession planning and professional development opportunities

  • Employee Benefits Review - comparative analysis of client benefits and practices to the external market

  • Human Resources Audits - determine whether the human resources function is structured and staffed to effectively meet the organization's needs, and whether its administrative practices and policies fully comply with current laws and regulations

  • Employee Handbook Reviews - critiquing or developing of employee handbooks to support the effective administration of human resources and benefits plans


James E. Rocco Associates, Inc.
250 West 57th Street
Suite 901
New York, NY 10107
USA

Phone: 212-710-0560
Fax: 212-710-0561

E-Mail:
James E. Rocco JERocco@jeroccoassociates.com
Larry F. Beers LFBeers@jeroccoassociates.com
Lindsay J. McHugh LJMcHugh@jeroccoassociates.com
Lauren Blumenfeld LBlumenfeld@jeroccoassociates.com

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Copyright (c) 2003 James E. Rocco Associates, Inc.