City Pay Associates has developed areas of expertise linked to pay and benefits, employee motivation, target setting and other relevant HR issues.
Our involvement can be tailored to suit the needs of the client and can cover a wide range of one-off projects or the provision of longer-term support.
We can help you with:
Bespoke Pay & Benefits Surveys
With a good reputation for collection and provision of pay, benefits and other HR related information, and with excellent HR contacts in the City of London, we are best positioned to help you obtain quality market data on a range of issues. We will design and manage a bespoke survey focusing on your need for information to support employment-related decision-making. Acting as an independent intermediary, we collect sensitive information from an agreed target audience and analyse the findings, providing a summary report to our client.
Surveys operated by us have covered such topics as non-executive directors’ fees; expatriate packages; shift allowances and call-out; diversity and equality and pensions provision.
Tailored Pay Reports
Our expertise can also be used to undertake a broad review of pay policy, drawing on our experience and knowledge of the finance sector and utilising our database of the most up-to-date pay and benefits data.
It is important to an organisation to understand the ‘value’ of every role in the organisation. Market value is important in determining appropriate pay policies and structures; however, job evaluation, or job sizing, can help you understand the relative size of your jobs in relation to each other. Job evaluation can assist in setting grades or bands and also in support of pay decisions, reward policies and practices. It provides an essential mechanism for ensuring that employees are paid equitably across functions with no gender, racial or other bias.
Our job evaluation methodology is proven within the finance sector, focusing on the key attributes and requirement of each job. It can be tailored to your organisations’ needs, culture and structure. We do not simply apply a standard tool to all companies.
Equal Pay Audits
We can help you in assessing your pay profile, understanding the risk involved in making pay decisions without measuring pay inequalities within your organisation and ensure that you are working towards minimizing your exposure to legal action under equal pay legislation.