Total Compensation Management

Total Compensation is an old concept, but we’ve watched it acquire a new life as the most meaningful way to address the many disparate salary and “reward” options that we offer to an increasingly volatile, demographically diverse workforce. As this field has changed from compa-ratios and compression analysis to competency definition and high performance work team (HPWT) compensation, HRchitect’s growing presence in this part of the overall human capital management systems environment allows us to relay data, process, and implementation concerns from the recruitment end of the talent value chain forward to compensation management—and back again. We’re actively involved with groundbreaking implementation efforts in the compensation arena, from pre-programmed, fast-track implementation of focal salary review processing to long-term custom installations that address corporate rewards cultures and behaviors as much as software implementation. We partner with several of the leading providers of compensation management software solutions. We also have consultants on staff with experience in stock option plan administration software solutions, which is a key issue for many of our high-tech, high-growth clients. HRchitect offers the following services to help companies design and implement Web-based total compensation management solutions: 

• Strategic Planning
• Business Process Redesign and Optimization 
  
• Software Evaluation and Selection 
  
• Implementation 
  
• Systems Integration 
  
• Adoption

 
HRchitect’s senior consultants bring a unique combination of Recruiting, HR, HRIS and technology experience to assist our clients in evaluating and selecting software solutions. We have extensive experience working for HR software vendors; therefore, we know what is needed to effectively evaluate potential solutions and negotiate a “win/win” agreement for both parties. Our proven methodology includes:

• TMS Strategy Validation, Project Scope and Resource Definition and Project Management.
• Define System Requirements and Conduct Selection Process including RFI/RFP Development.
• Create Vendor Demonstration Scripts and Scoring Methodology.
• Facilitate Demonstrations, Vendor Analysis and Reference Checking.
• Review Vendor Technical Architecture.
• Facilitate Vendor Due Diligence and Prepare Business Case.
• Assist with Contract Negotiations.