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Long Term Incentive (LTI)

Long Term Incentive (LTI) Benchmarking at Rooted HR is a strategic tool designed to help organizations compare and align their long-term incentive plans with industry standards, best practices, and competitors. LTI programs typically include stock options, performance shares, or other equity-based compensation given to employees, usually executives or top performers, to drive sustainable company growth and long-term value.

As a trusted Rewards Consultant, Rooted HR provides expert guidance in LTI benchmarking. Our services cater to businesses in the United Kingdom, Saudi Arabia, Oman, Iraq, Qatar, and Bahrain, ensuring their long term incentive plan aligns with market trends and industry-specific best practices.

Benchmarking LTIs involves analyzing various factors such as the type of incentives offered, performance criteria, award frequency, eligibility, and overall market trends. Rooted HR specializes in providing tailored LTI benchmarking solutions by gathering data from comparable organizations, analyzing compensation benchmarking trends, and offering actionable insights that help businesses design competitive and fair LTI programs.

Benefits of Long Term Incentive Benchmarking in Rooted HR

Market Innovation

Market Competitiveness

By comparing your LTI plans with industry standards, Rooted HR ensures that your compensation packages are competitive enough to attract and retain top talent. Benchmarking helps in identifying gaps in your offerings and adjusting them to meet market demands.

Business Goal

Aligning with Business Strategy

Rooted HR’s benchmarking process ensures that your LTI programs align with the long-term goals and performance objectives of your organization. This strategic alignment helps in driving company growth while rewarding employees based on meaningful performance metrics.

Employee Engagement

Increased Employee Retention

Offering market-aligned LTIs reduces turnover, especially among key talent and leadership roles. Rooted HR enables you to structure incentives that motivate employees to stay committed to the company’s long-term vision.

Decision Making

Performance Optimization

Benchmarking provides insights into performance criteria commonly used in LTIs across the industry. This allows companies to create more effective metrics for job evaluation and compensation management, fostering a culture of high achievement and long-term contributions from employees.

Risk Mitigation

Compliance and Risk Management

Ensuring that LTI plans comply with local laws and regulations is essential to minimizing risk. Rooted HR ensures that your LTI benchmarking follows all relevant compliance standards, reducing legal risks related to compensation.

Cost Control

Cost Efficiency

Benchmarking LTIs helps organizations allocate compensation budgets efficiently. Rooted HR offers data-driven insights into how to maximize the impact of LTIs without overspending, ensuring that the incentives provide the highest return on investment.

Employee Engagement

Attracting Investors

Well-structured, competitive LTIs signal to investors that a company is serious about long-term performance and growth. Rooted HR’s benchmarking helps ensure that your LTI programs are transparent, fair, and aligned with market trends, which can improve investor confidence.

Tailored Solutions

Customizable Solutions

Rooted HR offers tailored benchmarking solutions based on company size, industry, and geographic location. This flexibility ensures that your LTI programs are relevant and optimized for your specific organizational context.

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Salary Benchmarking

Salary benchmarking is a critical process employed by Rooted HR to ensure that a company’s compensation strategy is competitive and aligned with industry standards. It involves researching and analyzing salary data from similar companies within the same industry or region.

Recognized among leading salary benchmarking companies, Rooted HR helps organizations in the United Kingdom, Saudi Arabia, Oman, Iraq, Qatar, and Bahrain make informed decisions about compensation strategies.

This helps businesses understand how their salary offerings compare to market rates for specific roles and levels of experience. Rooted HR uses salary surveys, industry reports, and compensation databases to provide accurate, up-to-date insights, ensuring that a company can attract and retain top talent while maintaining fairness and consistency in compensation structures.

BENCHMARKING YOUR COMPENSATION & BENEFITS

Benchmark

Compensation Benchmark

Benchmark your organization against others, design a competitive compensation strategy, and retain your best talent with expert total rewards consulting services.

Benifite

Benefits Benchmark

Benchmarking your benefits and receiving advice on plans that are both cost-effective and valued by your employees.

Analysis

Compa Ratio Analysis

Our compa-ratio analysis is a powerful tool for human resource management job evaluation. We analyze how well your employees’ salaries align with your company’s compensation philosophy versus the market benchmark.

Reliable Data

Up-to-date reliable Data

Our meticulously collected data is always current and accurate, ensuring the best outcomes for your job evaluation and compensation management needs.

Benchmark Yellow

Why Use Rooted HR Salary Benchmark?

Industry- Specific Insights

Discover ideal salary ranges tailored to your industry and experience levels.
Fine-tune your compensation strategy with industry-specific data.

Global & Regional Compensation Insights

Benchmark your organization against 150+ markets.
Access information on salary increases, economic indicators, and more.

Regional Salary Surveys

Evaluate and adjust salaries based on regional changes in the cost of living.
Ensure fairness in your salary measurement approach.

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Executive Rewards

The Executive Rewards Benchmark in Rooted HR is a comprehensive tool designed to provide organizations with valuable insights into executive compensation practices and trends. This benchmark offers a detailed analysis of compensation packages for senior executives, including base salary, bonuses, long-term incentives, and other benefits. It helps companies evaluate their compensation strategies against industry standards and competitors, ensuring they offer competitive and equitable compensation packages.

Why Use Rooted HR Executive Rewards:

Analysis

Competitive Analysis

Gain a clear understanding of how your executive compensation packages compare to industry peers, helping you attract and retain top talent.

Decision Making

Informed Decision-Making

Access data-driven insights that support strategic decision-making regarding executive pay, ensuring alignment with organizational goals and market conditions.

Equity

Equity and Fairness

Ensure that compensation practices are equitable and competitive, reducing the risk of pay disparity and promoting fairness within the organization.

Accountability

Strategic Planning

Leverage benchmark data to develop or refine your executive compensation strategy, aligning it with industry standards and your company’s performance objectives.

Planing

Enhanced Attraction and Retention

Design attractive compensation packages that meet or exceed market expectations, improving your ability to attract and retain high-caliber executives.

Regulatory Compliance

Regulatory Compliance

Stay updated with industry trends and regulatory requirements related to executive compensation, minimizing the risk of non-compliance and associated penalties.

Job Evaluation

Job Evaluation

Job evaluation in Rooted HR is a structured process designed to assess the relative worth of various jobs within an organization. This evaluation helps determine appropriate compensation, establish career paths, and ensure equitable pay. Rooted HR employs a comprehensive framework that combines quantitative and qualitative analysis to evaluate job roles based on factors such as skills required, responsibilities, effort, and working conditions.

The process typically involves several key steps:

Job Analysis: Gathering detailed information about each job through surveys, interviews, and observations.
Job Evaluation Methodology: Applying a standardized method, such as point-factor or job ranking, to assess the value of each job.
Job Classification: Categorizing jobs into different levels or grades based on the evaluation results.
Compensation Structuring: Aligning pay scales and salary ranges with the evaluated job levels to ensure fair compensation.

Our Methodology

Total Rewards Services Compressed Rooted Hr 2024

Benefits of Job Evaluation in Rooted HR

Equity

Equitable Compensation

Ensures that employees are compensated fairly based on the relative value of their job roles, reducing pay disparities and enhancing job satisfaction.

Career Path

Clear Career Pathways

Helps in creating well-defined career progression plans by identifying job levels and required competencies for advancement.

Decision Making

Enhanced Recruitment and Retention

Attracts and retains top talent by offering competitive and fair compensation packages that align with job responsibilities and market standards.

Accountability

Objective Decision-Making

Provides a systematic and objective approach to making decisions about promotions, salary adjustments, and job reassignments.

Transparency

Compliance and Transparency

Assists in complying with legal and regulatory requirements related to compensation and ensures transparency in pay practices.

Organizational Structure

Improved Organizational Structure

Aids in structuring roles and responsibilities more effectively, leading to better alignment with organizational goals and efficiency.

Workforce

Strategic Workforce Planning

Supports strategic planning by identifying critical roles and aligning compensation strategies with organizational objectives.

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