Consider compensation reallocation options
The fact is that, in all businesses, some positions (not necessarily the people in them) are more important than others due to the impact such positions have on the company. These positions also are not always at the most senior level. Consider segmenting positions into the categories below (without thinking about the people in the positions currently).
These positions are critical to driving the organization's long-term competitive advantage and value. Employees in these roles have highly specialized skills or knowledge.
Action: Invest and grow
The “engine of the enterprise,” these positions are central to the company's ability to deliver its services and brand promise.
Action: Consolidate and protect
Although the organization cannot do without the work these positions perform, their value can often be delivered through alternative staffing.
The information contained in this article is intended to provide useful information on the topic covered, but should not be construed as legal advice or a legal opinion. Also remember that state laws may differ from the federal law.
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