guiding you through the maze

compensation and benefit management

In order to promote the attractiveness of continuing professional development for their most valuable asset – the employees – managers often need to look for appropriate tools and resources. Different forms of remuneration can be of interest here as performance incentives, ultimately delivering positive benefits for the company as a whole. In certain circumstances, an appropriate compensation management system with components such as basic salary, variable remuneration, additional benefits, etc. may have to be implemented.

Introducing compensation and benefit management systems of this kind can be extremely challenging without the help of a trained specialist at your side. Not only because local regulations and laws have to be taken into account, but also because the success of such a system is dependent on how carefully it has been adjusted to meet the needs of the corporate culture.

Here at Belana GmbH, we can look back on various successfully completed projects to evaluate employee potential and roll out compensation and benefit management systems. We have also carried out numerous compensation cycles and market analyses. Here are just some of the areas in which we are happy to be of help to you:

  • Carrying out market and competitor analyses, based on the market data of well-known providers
  • Designing a total compensation and/or benefit management strategy
  • Developing competitive total compensation packages per function and level
  • Providing support in evaluating insurance quotes, pension fund administrators and service providers
  • Designing full fringe benefit packages for different companies
  • Providing support in implementing a tool for conducting compensation rounds and employee performance assessments

At Belana GmbH, we look forward to getting to know you and are available to you and your employees as a professional partner at any time. Let us guide you through the HR maze.