Compensation, Total Rewards and Pay Equity
GBC HR takes a total compensation approach and will review base salary, bonus, long-term incentives and benefits for one or all of your jobs. A review should be conducted every one to two years to ensure that your compensation remains market competitive. Payroll is probably the biggest investment for your organization and a compensation review will help ensure you continue to attract and retain talent while managing your budget.
Check the market competitiveness of salaries, such as before making a job offer to a candidate or for existing positions (we specialize in small to medium-sized organizations). With over 25 years of experience, we are familiar with the most reliable survey sources and can provide recommendations on the appropriate salary survey(s) for your organization.
GBC HR has its own Job Evaluation System (that is Ontario pay equity compliant) that can be customized for your exclusive use. This is a cost-effective and efficient system for small to medium sized organizations to create a job hierarchy. Once this is established, a salary structure (“pay scale”) can be developed and helps ensure the maximum return on investment for employee compensation. For organizations over 10 employees in Ontario, job evaluation is also the first step in becoming pay equity compliant.
Pay Equity Review:
If you are not pay equity compliant, we can help! Organizations in Ontario that have 10 or more employees are required by legislation to conduct a regular pay equity review. We have extensive experience in this area and can do a cost-effective review to ensure that your organization is compliant and does not have any pay inequities in female dominated job classes.