Compensation & Benefits Strategy
Design competitive total rewards programs that attract top talent, motivate performance, and align with your business strategy while managing costs effectively.
Win the War for Talent with Strategic Total Rewards
In today’s competitive talent market, compensation and benefits are more than just costs—they’re strategic investments in your organization’s success. The right total rewards strategy can be your most powerful tool for attracting, retaining, and motivating exceptional talent.
At Kohan LLC, we help you design compensation and benefits programs that balance competitiveness with sustainability. We combine market data, financial analysis, and strategic insight to create programs that work for both your employees and your bottom line.
Whether you need a complete compensation overhaul, benefits optimization, or targeted solutions for specific challenges, we deliver data-driven strategies that align rewards with performance and business objectives.
The ROI of Strategic Compensation
Comprehensive Compensation & Benefits Services
From strategy to implementation, we cover every aspect of total rewards
Compensation Strategy
Develop market-competitive pay strategies aligned with business goals
- Compensation philosophy development
- Pay structure design
- Geographic pay differentials
- Pay mix optimization
- Budget planning & forecasting
Market Benchmarking
Data-driven analysis to ensure competitive positioning
- Salary surveys & analysis
- Job matching & leveling
- Market pricing studies
- Pay equity analysis
- Competitive positioning
Incentive Design
Create incentive programs that drive performance and results
- Short-term incentive plans
- Long-term incentive design
- Sales compensation
- Executive compensation
- Equity compensation programs
Benefits Optimization
Design cost-effective benefits that employees value
- Benefits strategy & design
- Vendor evaluation & selection
- Cost containment strategies
- Benefits administration
- Compliance management
Pay Equity & Compliance
Ensure fair, equitable, and compliant compensation practices
- Pay equity audits
- FLSA classification reviews
- Prevailing wage compliance
- State pay transparency
- Documentation & reporting
Total Rewards Communication
Help employees understand and appreciate their total compensation
- Total rewards statements
- Communication strategies
- Manager training
- Employee education
- ROI measurement
Building Your Compensation Philosophy
A strategic foundation for all compensation decisions
Market Positioning
Define where you want to position pay relative to market (50th, 75th percentile)
Internal Equity
Ensure fair pay relationships between jobs based on value to organization
Pay for Performance
Link rewards to individual, team, and company performance
Transparency
Determine how open to be about pay practices and decisions
Comprehensive Benefits Solutions
Design benefits packages that attract talent while managing costs
Core Benefits
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Health Insurance Medical, dental, vision plan design and optimization
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Retirement Plans 401(k), pension, profit sharing design and management
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Life & Disability Income protection and survivor benefits
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Time Off Programs PTO, vacation, sick leave, sabbaticals
Voluntary & Wellness
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Wellness Programs Health screenings, gym memberships, wellness incentives
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Work-Life Balance Flexible work, remote options, family support
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Professional Development Tuition reimbursement, training, certifications
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Perks & Recognition Employee discounts, recognition programs, celebrations
Our Compensation Design Process
A proven methodology for creating effective total rewards programs
1. Discovery & Analysis
Assess current programs, understand business strategy, identify gaps and opportunities
2. Market Research
Conduct benchmarking studies, analyze competitor practices, gather market data
3. Strategy Development
Design compensation philosophy, create pay structures, develop incentive plans
4. Financial Modeling
Model costs and impacts, analyze ROI, create implementation budgets
5. Implementation
Roll out new programs, train managers, communicate changes, monitor results
Engagement Options
Flexible models to fit your needs and budget
Compensation Audit
Comprehensive review of current compensation practices and market positioning
- Market analysis
- Pay equity review
- Compliance assessment
- Recommendations report
- 30-day support
Total Rewards Redesign
Complete overhaul of compensation and benefits programs
- Philosophy development
- Structure design
- Benefits optimization
- Implementation support
- 90-day support
Ongoing Advisory
Continuous compensation and benefits management support
- Annual benchmarking
- Quarterly reviews
- Ad-hoc consultation
- Vendor management
- Ongoing support
Ready to Transform Your Total Rewards?
Let’s design compensation and benefits programs that give you a competitive edge in attracting and retaining top talent.