In a BLR webinar entitled "Compensation Plan Design: The Three Cs for Achieving Success," Brooke Green, founding principal with Presidio Pay Advisors and Mary Topliff, Esq., founder of Mary L. Topliff law offices in San Francisco described the benefits of performing a Compensation Review and a Fair Labor Standards Act (FLSA) Analysis simultaneously.
Because much of the data collection dovetails, there is an economy of scale which also minimizes a duplication of efforts.
Leveraging the data collected will ultimately result in:
- Updated job descriptions
- Discrimination testing
- Cost analysis of changes
Another benefit is the ability to provide cohesive communication because "total compensation review" is an easier message to convey.
Liability exposure can also be minimized under attorney-client privilege by virtue of having an attorney helping to manage the project.
Brooke Green is a founding principal with Presidio Pay Advisors (www.presidiopay.com) where she provides consulting advice and implementation assistance to clients with compensation support needs. Mary Topliff, Esq. founded the law offices of Mary L. Topliff in San Francisco (www.joblaw.com) after practicing civil and employment litigation for nine years. The firm specializes in employment law counseling, training and compliance.