Market Pricing
Market pricing is the process of determining a position's external and internal value. It is a requirement for compensation committees to perform their duties. Market pricing provides a defensible position when communicating with shareholders and a competitive tool to attract and retain top talent.
The process is necessary as it allows for a basis for reviewing and evaluating internal compensation policies compared to market rates. FutureSense prides itself on applying our Thoughtful, Responsive, and Authentic℠ approach to efficiently providing actionable and understandable pricing.
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Our Process
Step 1:
Discover
Clarify the intentions, goals, and capabilities of the company and build the foundation for the solution.
Step 2:
Design
Detail the features and critical elements of the solution, and deliver the final plan overview.
Step 3:
Deliver
Ensure the company knows how to manage and measure the success of the solution. Provide communications and modeling for participants.
Step 4:
Evolve
Provide ongoing support for questions and adjustments during the initial year after delivery.