Pay and Rewards

FutureSense has provided solutions for compensation and rewards since our inception in 1995. We love partnering with clients who want solutions crafted to their specific needs. We work with companies of all sizes, types and locations. Whether you need a quick evaluation, help with a complex project or long-term support, we can help.

Compensation Consulting

Compensation is about building integrated, holistic programs of reward and motivation that support your unique culture, "melt the butter" of your people, and are pragmatic in financial constraints and results. We specialize in simplifying complex compensation issues by designing programs that make logical business sense, align all stakeholders, and maximize the effectiveness, efficiency, and engagement of your people.

Executive Compensation

Assess pay for executive team and support guidance on pay levels, mix, motivational and retentive factors. Provide support for Compensation Committee decision making process.

Broad-based Compensation

Compensation Philosophy

Define pay purpose, positioning and mix. Clarify approach for critical positions and hot jobs. Establish metrics and goals for pay success.

Market Analysis and Benchmarking
Ensure positions are priced competitively and in alignment with strategy and philosophy.

Pay Structure Design

Improve pay consistency and budgeting. Simplify pay administration and planning.

Process Analysis

Review and redesign processes to be more efficient and effective. Identify major risks and opportunities and provide guidance on best practices.

Annual Total Rewards Review

Supply a holistic analysis of total reward inventory and use as related to goals and market practices.

Job Analysis

Determine indicative job hierarchy. Review job information, including compensable factors and competencies. Analyze internal and external job data and provide recommendations.

Survey Participation and Management

Gather, review and submit your pay data to survey providers of choice. Consolidate your survey data and create weighted composite pricing for each job.

Compensation Resourcing

Use the compensation department of the future. Outsourcing and consulting as a fixed-cost service. We act as your “Center of Excellence” and support your internal team.

This is the FutureSense solution for when you have too much to do yourself, or may not be able to justify the cost of an internal compensation professional. Our team provides day-to-day, assistance and extra support during peak periods.

We become a extension of your Human Resources and Compensation team and provide expertise and heavy-lifting that allow you to focus on your priorities

Our Standard Compensation Resourcing Service includes the following, but we also offer Basic and Premium levels.

BENCHMARKING

AD HOC JOB PRICING

SURVEY PARTICIPATION

SURVEY DATA ANALYSIS

PAY STRUCTURE MANAGEMENT

CREATE AND MANAGE COMPENSATION CALENDAR

JOB DESCRIPTIONS

ESTABLISH A PAY STRATEGY

JOB ANALYSIS

JOB VALUATION - INTERNAL AND EXTERNAL

JOB WORTH HIERARCHY

PAY STRUCTURE DESIGN

JOB ALIGNMENT TO STRUCTURE

ANNUAL PAY REVIEW AND RECOMMENDATIONS

GEOGRAPHIC DIFFERNTIAL SUPPORT

Incentives, Equity, Executive Pay and More

Pay for performance is the goal of every company. We provide evaluation, risk assessments, strategy, plan design, plan optimization, communications, and modeling for all types of incentive plans.

We have unrivaled equity compensation expertise. Our process for bonus and short-term incentives is efficient and proven to be effective. We focus executive compensation solutions on small, private or not-for-profit companies many consultants avoid.

Incentives and Bonuses

Long-Term and Short-Term Incentives. Determine KPI, metrics, goals and payment levels that support strategic business goals and individual performance. Guide on discretionary or qualitative programs.

Equity Compensation

Risk Assessment and Evaluation

Review equity program use and provide guidance on improvements including grant levels and features.

Plan Design

Design, development, communication, and implementation of equity and synthetic compensation programs.

Pre-IPO Support

Strategic transition guidance and support. Includes plan design services, employee training, support for IPO roadshow modeling and communication.

Benefits and Specialty Services

ESOP Compensation and Incentive Plans
We design the best SARs, Phantom Stock and short-term incentive plans to support the unique culture of ESOP Companies.

CannaCompensation
We provide support for all of the above, and compensation basics, for companies involved the growing hemp and cannabis industry.

Union Negotiation Support
Assess pay market competitiveness, design and reengineer salary structure. Model financial costing and forecasting for contract duration. Assist with new contract implementation.