Our Services

Our experience enables us to provide an array of services related to compensation design, including:

HR / Rewards Strategy development
Incentive / Bonus plan design
Compensation communication and compensation manual development
Job market pricing research and reports
Job descriptions
Job analysis
Competency assessments
Career ladder development
Job leveling charts, delineating requirements for promotions
Merit matrices
Salary ranges / bands by salary grade
Salary administration policies and procedures
Pay for performance (PFP) incentive program design
Fair Labor Standards Act (FLSA) guidance
Performance management design

Once programs are designed, ongoing salary administration is an important part of your HR program. Cool River Consulting can assist you in determining which policies are needed in your environment. We will then help you develop the actual policies, balancing brevity and simplicity with the need for adequate details to ensure consistency of application. Potential policies cover areas such as:

Merit and Promotional Increases
Equity Adjustments
Lateral Transfers and Pay Adjustments
Paying Above or Below Set Salary Ranges
New Hire Salary Rates
Pay for Performance
Salary Continuation for Employees on Leave (disability leave, military or reserve duty, jury duty, personal leave, bereavement, etc.)
Geographic Differentials
Demotion and Impact on Pay
Job Reclassification or Grade Change
Severance
Part-Time Employee Pay
Premium Pay for Certain “Hot” Skills
Differentials Pay for Shifts and/or Weekends
On-call Pay