Bringing Both Art and Science to Our Clients
Compliance filings, conduct audits, liaise with regulators
Customized tools & guides, conduct evaluations
Complete industry specific benchmarking, conduct custom survey of unique position
Develop and validate pay structure against market
Evaluate and test effectiveness of sales & commission plans
Build and test short & long term plans against market and desired outcomes
Create personalized messaging to highlight the total rewards value proposition
Create or review programs to drive desired behaviours and assess for market competitiveness
Alignment pay practices and policies to meet organizational goals
Review and implement performance management & tools to support the process
Compensation is the largest single line item when it comes to total rewards and a key component of the employee value proposition. We will work with you on all your compensation needs, to create effective and optimal solutions so that you can attract and retain the talent your organization needs to be successful.
Plan design optimization, cost containment, service provider search
Ensure programs and practices reflect the people and work environment
Design, review and implement new programs. Market benchmarking of programs
Option costing, provide plan design recommendations, assist with service provider RFP process
Conduct, analyze and aggregate on anonymous basis
Benefits and HR Programs are the components beyond pay that tie the total rewards program together. These are the things that your employees talk about and should be proud to share when they are asked whether your company is a great place to work.
Access to team for ad-hoc compensation questions
Participate or manage annual merit cycle, provide merit recommendations
Provide analytical support, develop HR reporting tools & dashboards
Support HR department presentation development and delivery. Conduct presentations on HR’s behalf
Perform reviews, conduct audits and filings on behalf of organization
We recognize that HR departments have competing priorities and demands on your time. Let us take care of those tasks that you need to do, so that you can focus on the projects that you want to do. Our expertise will provide added capacity to your HR department without the need to add headcount and in a cost effective matter when you need it most.
Support, develop or present to executive team
Assist with on-boarding strategies, materials and sessions
Presenting employees defendable and compliant pay programs
Support HR department presentation development and delivery. Conduct presentations on HR’s behalf
Design and develop content
Design and implementation of total rewards programs is only one step in the process. We don’t believe that a project is truly completed until it has been communicated. The success or failure of any program hinges on its communication, because ultimately, the reason you provide these programs is for the benefit of your employees.
Ask yourself. Are we market competitive? Is our bonus plan really driving the behaviours we desire? Are we pay equity compliant? Do we have fair pay practices? Does pay transparency worry me? Why are we still losing employees? How about our executive pay? Do benefit plans really matter? What does wellness really mean? Unlimited vacation?
3rd Quartile makes sense of these and many more concerns to ensure your programs are right on the money. In short, we take strategic compensation and HR to the next level.
At 3rd Quartile, we get to know our client's business environment first and then focus on outcomes, not on process. Seeing the big picture and finding meaningful trends through data analytics is one of our key strengths. We dig deep through the spreadsheets, uncover needles in the haystack and talk them through so everyone's on the same page. We make the complex simple.
We also love Excel. If you don't, we we are a good match.
All levels of an organization experience pay in at least one form. From top to bottom, across all functions and employee groups the need to ensure the programs offered are appropriate by level is important.
Steven Osiel, founder of 3rd Quartile Inc., is a compensation consultant with over 25 years of experience in all areas of total compensation strategy, data analytics, HR and performance management. Steven has successfully led numerous compensation and benefits projects in different organization of varying sizes and industries across the public, not-for-profit and private sectors. Bringing it all together is his specialty.
Steven enjoys speaking engagements (e.g. HRPA Annual Conference, Toronto Board of Trade) and teaches seasonally at the University of Toronto (Masters and undergraduate level). He is also a beekeeper and operates his own honey business, Toboggan Hill Honey Co.
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5700 Yonge St, Suite 200, Toronto ON, M2M 4K2
