Total Compensation

It’s not always about money. Find out how to make an offer employees can’t refuse.

Giving More Helps Your Business

WHEN SALARY ISN’T ENOUGH

The most important HR challenges organizations face are attracting the best people, keeping them motivated and retaining them.

Salary alone doesn’t cut it anymore. Potential employees also care about increased autonomy, recognition of accomplishments, career growth, benefits, flexible work schedules, telecommuting and work-life balance.

Base salary alone isn’t enough. Companies need to offer enticing and well-rounded compensation packages.

A POWERFUL TOOL FOR INCREASING MOTIVATION AND PERFORMANCE

Compensation packages have become one of the most powerful management tools available and offer benefits such as:

Stronger branding
Attracting, motivating and retaining the most talented employees and involving them in your company’s success
Improved financial performance

A WINNING STRATEGY

To create common ground between the interests of employees and organizations, any compensation package strategy needs:

Concrete measures for evaluating company success
Quantifiable compensation objectives that work for your business and your employees
Specific recommendations for goals
Commitment to responding to actual needs
Change management

ONE SIZE DOES NOT FIT ALL: PERSONALIZED SERVICES ARE KEY

Solertia provides the following services:

Designing and implementing a successful, flexible compensation strategy aligned with your organization’s business strategy
Conducting personalized salary surveys (benchmarking) using our powerful market analysis tools
Developing:
- Salary structures that ensure viable and reasonable compensation levels
- Short- and long-term incentive plans
- Variable compensation (aka bonus) plans that recognize your employees’ contributions
- Compensation programs specific to your sales force
Creating a salary management toolbox
Assessing the tax optimization of your compensation package and any risks involved
Effectively communicating your compensation package to ensure maximum attraction and retention

Our compensation team members have expert knowledge of and extensive experience in numerous industries. We provide coaching to ensure your company can control its labour costs, while respecting internal and external equity.

Our Solutions

We provide structured solutions developed to tackle your most difficult human resources challenges. Our innovative tools and evidence-based best practices are the result of years of practical experience.

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Given the labour shortage, attracting and retaining talent can be challenging. Base salary alone is not enough; companies need to offer enticing and well-rounded total compensation packages. Our services include:
- Designing and implementing total compensation packages aligned with business strategy
- Developing tools, policies and processes including salary surveys, compensation structures and incentive plans
- Optimizing taxes
- Communicating compensation
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A company’s health (including financial) depends on the well-being of its employees. Organizational Development (OD) programs are designed to increase efficiency and productivity through employee engagement and participation. Our services include:
- Implementing OD programs that create positive change and maximize employees’ potential (retain talent, reduce turnover and improve workforce planning)
- Analyzing HR initiatives and implementing best practices
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Compliance with provincial and federal pay equity laws provide employers with an opportunity to take a deep dive into their compensation practices. Companies who have not complied are exposed to penalties, interest payments and fines of up to $45,000. Our services include:
- Carrying out pay equity exercises (initial and maintenance)
- Supporting managers through government audits
- Assisting managers in filing their annual declarations (DEMES)
- Providing customized training, coaching and guidance
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Quebec-based employers with a payroll in excess of $2 million must spend 1% of their payroll on employee training and declare that amount to Revenu Québec. We can help you document your training expenses and meet your legal obligation. Our services include:
- Identifying eligible training activities and creating structured training plans
- Recovering payments made in excess
- Supporting managers during tax audits
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It pays to be compliant! Solertia’s team of professionals assist companies of all sizes and industries in complying with the growing number of provincial and federal labour laws. Our services include:
- Assessing your Provincial and Federal compliance obligations
- Implementing compliance strategies
- Supporting managers in preventing and resolving disputes
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Both federal and provincial governments offer a large selection of tax credits and grants. However, choosing the appropriate program(s) and completing the required paperwork can be daunting. We’re here to help! Our services include:
- Evaluating funding strategies and eligibility for multiple programs
- Preparing applications
- Supporting government audits
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The labour shortage in Canada is a trend that’s here to stay. Filling vacant positions requires an accurate analysis of your current situation and a coherent recruitment strategy. Our services include:
- Providing coaching during the recruitment process including; psychometric testing, background checks and job postings
- Developing robust recruitment tools and measuring the effectiveness of your recruitment strategy
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HR Management Systems (HRMS) have evolved to the point where they are indispensable for modern businesses. Initial acquisition costs are only a fraction of what they cost just 10 years ago. Our services include:
- Assessing internal processes and technological infrastructure
- Assisting in the research and preselection of an HRMS
- Calculating return on investment
- Negotiating contract agreements
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