Spark HR Consulting, LLC provides independent, executive and Board of Directors compensation consulting solutions to Board of Directors, Compensation Committees, and senior management across a wide range of industries. We provide our clients with clear, concise executive compensation reports and recommendations, grounded in rigorous data analysis and strategic thinking. Our reports focus both on compensation levels and on how compensation is delivered. All of our solutions are tailored to the specific circumstances your company faces.
Our services include:
- Executive compensation strategy
- Peer group development
- Total compensation competitive analysis
- Base salaries
- Short-term incentives (STI), target and actual, plan development
- Long-term incentives (LTI) plan development
- Executive security arrangements including employment agreements, severance agreements, and change-in-control agreements
- Board of Directors compensation competitive analyses and recommendations
- Compensation Committee governance best practices
Total Rewards Strategy
- Development of Pay Philosophy
- Cash compensation & reward plan – design and implementation
- Benefits plan design
- Design and/or evaluation of compensation & benefits strategies
- Compensation & benefits business planning
- Hands-on training & education of staff to provide more value-added business focus & outcomes
- Develop policies for new or existing benefit & compensation plans or programs
Cash Compensation & Reward Plan Design
- Design and/or evaluation of compensation plans in the context of company business strategy & mission
- Recommend base salary programs & policies
- Develop salary management systems (including job evaluation, market analysis & structure design)
- Create & implement sales incentive plans that drive profitable business
- Establish executive & management incentive programs that integrate with business objectives
- Develop recognition & reward programs tied to targeted employee performance