The client asked West Monroe Partners to ensure the right people, processes, and technologies were in place to help them achieve their goals as the company scaled.
West Monroe Partners conducted focus groups with key employees from both legacy organizations to understand the future-state goals of the organization and determine an approach for aligning a new Total Rewards program to their overall business strategy. After the discovery sessions were complete, we helped develop a roadmap for establishing the new compensation philosophy and methodology within the organization.
Career Architecture Definition
It was critical that our client developed a career architecture to retain top talent and allow employees to pursue horizontal and vertical career opportunities within the organization. West Monroe Partners conducted discovery sessions with leaders of the various business functions to understand the current scope of roles and responsibilities within the organization. This exercise helped define a consistent future-state career progression architecture that would cultivate employees through innovative development opportunities.
Market Data Analysis
In order to institute competitive compensation, West Monroe Partners developed a market-based approach for rewarding employees in a pay-for-performance culture. Aligning the market data analysis to the client’s compensation philosophy and methodology, West Monroe Partners analyzed external market data for jobs that support the client’s overall business strategy, and jobs for which retention was a concern.