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Key
Services:
•
Variable Compensation, Gainsharing and Team Bonuses
• Pay-for-Knowledge
and Competency-Based Pay
• Performance-Driven
Base Pay Designs
•
Removal of Outdated Pay Programs
CHRS holds a unique position in both the original
research and design of gainsharing plans and other
forms of variable compensation. Based upon grants
provided by the National Science Foundation, the
US Department of Labor, and the GE Foundation,
Dr. Schuster's original trend-setting work has
served as a base for continued research today.
We have installed and/or evaluated several hundred
gainsharing plans. These designs frequently include
the following elements:
• Assessment
and readiness evaluation
• Financial
analysis
• Plan
structure and measurement
• Design
• Implementation
training
• Audit
of existing plans
• Redesign
of plans for future effectiveness
• Bonus
programs to support fast-cycle completion of major
projects, including new product creation
Pay-for-knowledge, skill-based pay, and competency-based
pay programs reward employees for increasing the
depth and breadth of knowledge and skill and the
utilization of those skills. Pay-for-knowledge
is often an extension of work redesign efforts.
• Assessment
and readiness
• Task
analysis
• Design
of knowledge and skill blocks
• Development
of technical, administrative and team training
to support plans
• Audit
of existing plans
• Redesign
of plans for future effectiveness
• Development
of training & certification procedures
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