Compensation Philosophy
Choosing the right pay delivery system can make the difference between success and failure. MBL approaches compensation design from a business standpoint. We know it is critical to understand the organization's goals, objectives and values, and how those elements align with compensation systems. We understand the importance of looking beyond base pay, to include employee benefits, incentive pay and other alternative reward strategies. Pay delivery systems will touch every part of the organization from the culture, productivity and morale to the fundamentals of profitability.

Compensation Tools
One key to a strong compensation system is the availability of solid market data. MBL maintains a library of local, regional and national salary surveys in a wide range of industries. If the data needed is not available in published surveys, MBL can design custom salary surveys to target specific jobs, benefit topics, industries or locations. We have been very successful, as an objective third party, creating custom survey solutions in highly competitive industry sectors while complying with Antitrust/Safe Harbor guidelines.

Base Pay
Despite the growth of new compensation strategies, base pay programs remain the foundation that we must build on. For many companies, base wages represent one of, if not the single largest, budgetary item. Controlling that expense, while maintaining a competitive wage structure, is easier said than done. We have extensive experience in designing creative solutions that align compensation with the strategic direction of the organization.

Incentive / Bonus Plan Solutions
Never before has incentive pay played such a crucial role in business success. Controlling fixed costs through a sound base pay strategy is only half of the solution. Most organizations are looking for ways to tie pay to performance, placing more pay "at risk." There are few off-the-shelf solutions to compensation. It is critical that an incentive plan be linked to your business strategy and objectives. MBL has designed incentive plans in a wide range of industries including large and small organizations, public and private entities, for-profit and nonprofit. Our expertise includes commission, short and long-term bonus and profit share plans.

Total Compensation
Beyond base pay and incentive plan solutions lies the remaining component to a total compensation strategy - intrinsic and extrinsic rewards. MBL is adept at capturing total compensation plan components and assessing those components with market indicators to develop total compensation strategies that will attract, retain and engage a workforce.

Implementation Success
Even the best compensation programs will fail in the absence of a well-planned communication process. Compensation plans are designed to reward and motivate employees. It is imperative that every manager and supervisor understands not only the mechanics of the program but the philosophical foundations if they are to administer the program day to day. The employees involved in the program must understand how the new plan will affect them directly. Some of the best-designed systems succumb to the skepticism of employees who don't understand the changes and expect the worst. MBL will design a training and communication program that increases the likelihood that your compensation system will be successful.