Well constructed compensation plans allow you to attract, motivate and retain employees. Turnover is much more expensive than a competitive compensation package.

Does your compensation program support your business objectives? A reward strategy is the foundation of your compensation program. We work with you to evaluate, design, implement and communicate the compensation plan.

At Simmons & White, we look for the appropriate mix of fixed and variable compensation that supports your strategic objectives and controls your total compensation costs. Compensation plans are typically built on the following elements:

• Base salary
• Short-term incentives as team or company-wide performance incentives
• Long-term incentive plans such as stock options, phantom stock, stock appreciation rights, and deferred compensation
• Employee benefits and qualified plans
• Other perks