Employee compensation is one of the biggest costs of doing business. Newport can help you develop a program that allocates these dollars strategically—allowing you to control expenses while attracting, retaining, and motivating key talent.
Broad-Based Workforce Compensation
Our customized workforce compensation programs help control salary expenses and minimize turnover in your organization.
Our consultants work closely with the owners or your board of directors, compensation committee, or executive team to establish strategies to align executive compensation to your corporate goals and culture. We design effective, performance-based programs, deferred compensation plans, supplemental executive retirement plans, executive perquisites, and board of director pay. Newport is also a leading provider of deferred compensation and executive benefit plan services
Specialized Compensation Services
Newport can make your compensation program more effective, competitive, and impactful
. We offer specialized services to streamline performance management systems and job descriptions, design and deploy sales incentive plans, offer regulatory compliance reviews, and provide other specialized compensation services.
To provide access to competitive market information, Newport partners with you to design surveys on a range of issues, including industry-specific compensation comparisons, operational and staffing benchmarks, and more.
Our annual Compensation, Retirement, and Benefits Trends Report
offers an in-depth look at the latest trends in employee compensation and how organizations are strategically managing these programs. This year's CRB Trends Report
includes responses from over 500 organizations across a broad range of industries, including manufacturing, healthcare, not-for-profit, professional services, construction, and financial services.
Click here to download the latest CRB Trends Report.
For more information about our compensation consulting services, contact Rena Somersan, Managing Principal, at email@example.com or 414-312-8189.