Case Study 1
Industry: Nonprofit/Tech
HQ: Seattle
Company Size: 100-200 employees
Employee Location: Distributed Nationally (US)
FYB: $30 Million
Project Hours: 300
Needs:
Clear Development Paths
Defined Compensation Philosophy
Market Competitiveness Analysis
Pay Equity Analysis
Executive Pay Analysis and Recommendations
Change Management and Communication Support
Deliverables:
50 Defined Development Paths
Defined Compensation Philosophy
Market Competitiveness Analysis with Cost Modeling
Pay Equity Analysis with Cost Modeling
Executive Pay Analysis and Recommendations with Cost Modeling
Change Management and Communication Support
Change Management Calendar
At a Glance
Jera was engaged by a fast-growing nonprofit organization in the tech sector, who had a pressing need to ensure pay equity and transparency. The client was concerned that their existing market data sources were not accurately reflecting the compensation levels necessary to attract and retain top talent, leading to potential pay disparities and a lack of competitiveness in their job offers.
In response, Jera designed a comprehensive compensation strategy that included developing a clear Compensation Philosophy, identifying relevant market data sources, and creating defined career paths for employees. Additionally, the client requested support in the areas of executive pay analysis, change management, and communication.
Through extensive research and analysis, Jera was able to provide the client with a competitive and transparent compensation package that aligned with their mission, values, and goals. The new strategy not only ensured pay equity across the organization but also provided a clear framework for career advancement, leading to increased employee satisfaction and retention.
Jera's expertise in executive pay analysis and change management also helped the client to navigate the complexities of implementing the new strategy, while our communication strategy ensured that all employees were informed and engaged throughout the process.
Overall, Jera's work with this client demonstrated our ability to deliver comprehensive compensation solutions that are tailored to the unique needs of each organization, regardless of industry or size.