HR Consulting and Compensation
IBP can provide human resource consulting to help organizations meet the challenges of today's complex business environment. Experienced in handling a wide variety of assignments and offering a range of programs tailored to the specific requirements of the individual client, we partner with our clients to develop solutions to their Human Resources needs. Our process is collaborative and strives to exceed client expectations. Some of the areas in which we can help clients include:
- Organizational Design and Development
- Strategic Planning
- Recruiting
- Employee Relations
- Communication:
Compensation
Consulting on Compensation and Incentive Plan matters for Boards of Directors:
- Develop creative solutions and help to implement them
- Develop retention plans for top talent
- Review top executives’ Total Rewards Compensation Program
- Assist with governance and SARBOX compliance
- Compliance reviews of Compensation Plans
- Other problem-solving matters as needed
Rewards Strategy:
- Develop Total Reward Retention Strategies
- Develop tax-driven and more cost-effective solutions to Compensation and Incentive Plan problems
- Design more effective and competitive Compensation and Incentive Plans
- Compensation Plans Compliance reviews
- Develop custom executive compensation surveys
Compensation - Executive Market-Pricing:
- Market-price executive positions or general positions or separate divisions
- Benchmark any pay situations or overall pay gaps
- Assist with the new executive comp disclosure rules
- Market-price entire divisions or departments
- Boards of Directors and Committee compensation reviews
- Intermediate Sanctions’ reviews for Non-Profits
- Design new salary structures
Independent Advisor
- Help HR deal with the new governance rules or answer questions posed to them by CFOs or Compensation Committees
- Serve as expert witness in a variety of roles
- Prepare IRS Reasonable Compensation opinions; and Act as an independent Ombudsman and third party opinion source.
Litigation Support:
- Expert Witness
- Deposition review
- Background analysis
- Court testimony
Triangle Tube has been a client of Innovative Benefit Planning for over twelve years and they have always provided TTP and our employees with first class, professional, and exceptional service and technical expertise.