The Compensation Quiz

Ask yourself the following questions:

  • Are we paying competitively with similar positions in the area?
  • Is our benefit program comprehensive? Similar to what comparable employers are offering?
  • What’s the industry standard for bonuses? How do other companies manage this?
  • Is my Pension Plan or RRSP comparing well to the current standards?
  • Do I need to offer profit sharing for this position?
  • What should I do about vacation pay?
  • Recognition awards?
If you answered “I don’t know” or “I’m unsure”, your compensation package most likely needs attention. At ENCOMPASS Benefits & HR Solutions Inc., our HR Specialists can assist in reviewing your current strategy and provide options to help you attract talent and retain staff.

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