Compensation Planning That Supports Growth and Reduces Risk
A well-structured compensation system is essential to the growth of your business. Compensation is a powerful tool that influences recruitment, retention, and employee morale. When pay structures are unclear or inconsistent, organizations risk compliance violations, reduced productivity, and costly turnover.
Our compensation services help small and mid-sized businesses align pay practices with reliable market data, U.S. wage laws, and long-term business objectives. Beyond compliance, we provide strategies that balance competitiveness with financial sustainability. With expert guidance, you’ll have the clarity and confidence to attract and retain top talent, without the expense of maintaining a full HR department.
Why Compensation Planning Matters
Compensation planning directly impacts both business performance and employee satisfaction. A good compensation plan shapes the culture and stability of your business.
- Attract & Retain Talent – Competitive pay sets you apart in today’s market.
- Motivate Performance – Clear structures and incentives get employees to do their best work.
- Stay Compliant – Avoid penalties by following the Fair Labor Standards Act (FLSA) and state wage laws.
- Be Fair – Consistent pay practices reduce the risk of discrimination and build trust with employees.
- Grow Your Business – Scalable systems and documented policies make it easier to add new roles.
Our Compensation Services
We balance your business goals with employee expectations. Our services include:
- Salary Benchmarking & Market Analysis: See how you compare to the market.
- Compensation Plan Design: Create salary bands and structured pay programs for all levels.
- Bonus & Incentive Programs: Customized performance-based pay linked to results.
- Total Compensation Reviews: Review not just salary but benefits, bonuses, and perks.
- Performance Integration: Tie pay to performance reviews.
- Pay Equity Assessments: Identify and fix pay gaps to reduce risk and increase employee confidence.
Ready to Improve Your Pay Strategy?
If you’re not sure whether your pay structure is competitive, fair, or compliant, now is the right time to review it. At Reynolds + Rowella, we can help you create a program that supports your employees, protects your business, and grows with you. Contact us today to schedule a consultation.
Compensation Services FAQs
Yes. We use industry and regional data to compare your pay to the market.
Yes. We create commission, bonus, and performance-based plans.
We can review and refine what you have to improve compliance, equity, and alignment with your growth strategy.
Fair and transparent pay structures = higher satisfaction and loyalty = lower turnover and recruitment costs.
Yes. We ensure your pay systems comply with the Fair Labor Standards Act (FLSA), state wage laws, and other regulations.
Yes. We design flexible systems that grow with you as you add roles and employees.
We evaluate salaries, benefits, bonuses, and perks.
CONTACT US
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Contact details
RIDGEFIELD OFFICE
38 C Grove Street
Ridgefield, CT 06877
NEW CANAAN OFFICE
51 Locust Avenue, Suite 305
New Canaan, CT 06840
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