Successful companies deliver employee compensation that is aligned with their business goals and objectives. We believe that, while there is no single right answer, Syzygy consultants can help you find the best solution for your company. Sometimes this includes competitive base pay and varying base salaries by employee performance. Sometimes this includes short-term incentive and bonus plans. Sometimes this includes stock options, phantom stock or other long-term incentives plans. And sometimes this includes balancing and mixing a variety of compensation and reward programs.
At Syzygy we specialize in the following:
Compensation Design and Administration All organizations must ensure the competitiveness of base salaries and the internal design and administration of basic pay programs. They must balance market pay levels with pay for performance and internal equity. When helping our clients, flexibility and clarity are the cornerstones of our approach.
Incentive and Team-Based Variable Compensation Many clients find that variable compensation plans engage and motivate individuals for team success. Syzygy consultants help clients create variable pay plans that recognize, respond to and create value for their company's unique culture, organizational structure and business strategy.
Long-term Incentives Increasing shareholder value, enhancing employee retention, motivating long-term performance gains, creating a sense of ownership and delivering real compensation gains are all goals of long-term incentive programs. Syzygy consultants help public, private, and foreign-owned companies design and deliver effective long-term incentives from exclusive executive plans to inclusive all-employee plans. For private companies, we help define competitive and appropriate employee ownership percentages. For publicly-traded companies we help find solutions that consider all aspects of dilution, overhang, and FASB and SEC reporting requirements.
Customized Surveys Our clients often need real-time market information for specific technical disciplines, key departments and unique management positions. Published industry surveys cannot capture these markets or are months behind emerging trends. Our customized market surveys target key markets, talents and employers. We go beyond survey data by benchmarking organizational trends and emerging pay practices.
We also specialize in Board of Directors Independent Consultation, Executive and Board Compensation, Marketing and Sales Incentives, International Pay and Benefits and Organizational/HR Effectiveness.