Strategic Pay Recommendations

We help align compensation with market grading and levelling, ensuring attractive packages for skilled professionals.

Learn more about our Pay Recommendations services.

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Strategic Pay Recommendations

For target market based compensation

By aligning your compensation packages with industry standards, you can position your organisation as an attractive destination for skilled professionals.

Vencon Research’s Pay Recommendations service provides data-driven insight into market-based compensation trends and benchmarks.

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Case Study

pay recommendations for consulting firms

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Read more about our pay recommendations:

How we designed a total remuneration package for the CEO of a Middle East-based strategy consulting firm

Case Study

The client sought to establish a competitive remuneration package for its CEO, ensuring alignment with prevailing market standards. Given the firm’s presence in the Middle East, benchmarking against similarly sized strategy consulting firms in the region was a key priority. Vencon Research was tasked with developing a tailored compensation structure to meet these objectives.

Problem

Challenges faced by the company:

Lack of understanding of CEO’s compensation relative to market norms poses a threat.
Below-market pay could lead to disengagement and departure.
Need to balance CEO’s compensation with other Senior Partners in the company.

Implication

Assess CEO’s compensation adequacy in comparison to industry standards.
Compare CEO’s compensation to Senior or Managing Partners at competitor firms and within the company.

Solution

Vencon Research's approach:

Thorough evaluation of CEO’s compensation package.
Comparison to industry benchmarks.
Analysis of relative positioning compared to peers.

Result: recommended CEO compensation package aligning remuneration with market norms for competitiveness and motivation while maintaining fairness in relation to Senior Partners in the company.

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Vencon Research specializes in transforming HR operations through comprehensive advisory services. Our areas of expertise are designed to deliver tailored solutions and measurable outputs that drive your business forward.