Seeking Insights on Compensation Restructuring: Have You Worked with Mercer, Hewitt, or Hay?

Dear All,

My management has decided to restructure our compensation, modify the components as per auto industry practices, and make it more tax-friendly. In the same regard, I would like to know if any of our forum members have worked with reputable compensation consultancies like Mercer, Hewitt, or Hay and can provide me with their experiences and the professional fees they charged.

Your guidance/comments on the same are awaited.

Regards,
Shilpi

Hi Imran,

Do you also have experience working with Careercruise? If yes, could you please provide your contact number so that we can discuss further.

To any other member who has worked with companies I mentioned in my previous query, I would appreciate your help.

Thank you.
Regards,
Shilpi

Hi Shilpi,

I think you should consult your CA first. I am sure he will have good options to offer you. Agencies offer the same, but a good CA can provide limited heads under which you can compensate your employees.

Regards,

Dear All,

My management has decided to restructure our compensation, modify the components to make it more tax-friendly and performance-based. In the same regard, I would like to know if any of our forum members have worked with reputable compensation consultancies like Mercer, Hewitt, or Hay and can share their experiences and the professional fees they charge. Please assist me in providing the names of consultants who are experienced in this field.

Your guidance and comments on this matter are greatly appreciated.

Regards,
Akshita

Akshita,

Hi! I saw and responded to your email earlier. I need details on the output requirements of your company.

Best regards.