Compensation & Benefits
As the cost and risk of compensation and benefit programs continues to increase, employers are searching for new and innovative ways to improve employee productivity and engagement. Deloitte practitioners help employers drive corporate performance by optimizing design, delivery, and management of compensation, benefits, and other rewards programs. As independent and objective advisors with deep expertise in compensation, healthcare, and retirement, we help our clients consider rewards in the context of the overall HR strategy and to focus on the optimal balance of employee value, employer cost, and risk management. Beyond deep technical expertise, our rewards advisors have broad business and industry experience to address complex rewards related business issues from strategy through execution. Further, we provide critical actuarial and investment expertise to pension plan sponsors and trustees so that they are assured their pension programs are being managed in an optimal manner.
Laying the building blocks for effective human capital management
At the core of human capital strategy you'll often find job architecture; it affects key talent programs such as recruiting, learning and development, and performance management—and not always in a good way. When job architecture is outdated, workforce management becomes more about reacting than planning. People practices can no longer meet changing business needs for workforce flexibility or mobility, or help people understand their development opportunities and career advancement.