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Compensation & Benefits

benifitsHow many talents have left you because of better compensation & benefit packages? Has they left to your competitor or has they left for complete different career ? Are you unable to attract the first or second best candidate for a vacancy? Has budgeting for salaries become a major pain for your organization ?

If you perform in-depth analysis of the reasons why your talent leave the organization you may realize the co-relation between the resignations and compensation are closely related and it would be the one of the main contributor for the talent to leave your organization.

The total compensation package should be very well planned to be competitive in the market. The package should be reviewed by the organization on constant basis to ensure that the retention of the talent in long run. Benefit package not only include the salary but includes various other elements that helps the employee to maintain the quality of life.

HRSL Consultant Board

hrslconsultant ajantha
DR. AJANTHA DHARMASIRI
Member since : 05/09/2011
Description : Dr. Ajantha Dharmasiri is a Senior Faculty Member and a Management Consultant attached to the Postgraduate Institute of Management, University of Sri Jayewardenepura, Sri Lanka.
hrslconsultant thilak
MR. THILAK DEVENDRA
Member since : 09/09/2011
Description :Thilak Devendra is a visiting faculty to the National Institute of Business Management, Institute of Personal Management, Brandix College of Clothing Institute and the Open University of Sri Lanka. He also serves as a Trainer for the Ceylon Electricity Board.

Advisory offerings

  • Planning of market analysis and salary surverys
  • Creating inovative benefits types (low cost)
  • Perform job sizing and preperation of job descriptions
  • Creating benefits structure and simulating and forecasting for future growth potentials
  • Benefits analytics
  • Developing performance based pay culture
  • Industry focused incentive and bonus programs
  • Developing proper Rewarding and Recognition schemes.

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