Companies use compensation as a tool for recruiting the right people at the right time in the right place, binding them to the organization and motivating them to achieve the company's goals. But personnel expenses must also be kept within an appropriate, flexible framework.

 

To keep compensation in line with corporate strategy and the HR strategy based on it, many companies have developed clear compensation strategies or compensation principles. Various factors are important here, such as the ownership and corporate structure, increasing global orientation, and cultural and market differences, including differences between labor markets in different countries.

 

hkp/// group brings broad-ranging practical experience and profound insights into current market developments. We help companies from a wide range of industries and of various sizes and backgrounds develop compensation strategies and design the compensation tools they require.