3. Total Rewards Framework at ABC
• A user-centered experience design studio
• Pursue a differentiation strategy
• Vision, mission, values and culture focused
on people
“At ABCt, people-centered isn’t a buzzword,
it’s the way we approach everything we do.”
4. Current Total Rewards Program
Compensation Objectives:
“The goal of our compensation program is to recruit, retain
and motivate talented professionals for our
organization. With this objective in mind, ABC Studio has
developed a highly competitive compensation program
designed to recognize the relative importance of each
position and reward each employee for individual and
departmental contributions. Your compensation
package includes your base wage or salary and a
competitive benefits package.”
6. Alignment with Business Objectives
• As company has grown, misalignment has
become more pronounced
o Doubled in size in the last 3 years
o Turnover increased, several long-time employees
have left including the HR Director
Turnover around 12% for the last 12 months, up
from 6% for the three previous years.
o Founder/owner more removed from the daily
operations
o Communication difficulties with opening of NY office
o Difficult to remain competitive in light of explosive tech
salaries in the Bay Area
7. Reward Components Not Aligned
• Base Salaries
• Team-Based Incentives
• Profit Sharing/401(k)
• Time-Off Policy
• Wellness Program
8. Recommendations
• Base Salaries
• Team-Based Incentives
• Profit Sharing/401(k)
• Time-Off Policy
• Wellness Program
PLUS: Performance Management &
Communications Program