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Biswas & Associates serves as an independent outside advisor
and resource to Board Compensation Committees to ensure
committees have the information needed to make an informed
decision in the best interest of shareholders and to
discharge their fiduciary responsibilities.
VALUE BASED COMPENSATION
REDUCES COMPENSATION COSTS & INCREASES PRODUCTIVITY!
Studies have
shown that compensation costs range from 28 cents to 60
cents for every one dollar of revenue. Traditional
approaches to compensation focus on reducing these costs
as much as possible. Biswas & Associates has developed a
new approach called Value Based Compensation
that balances the focus between reducing cost to
increasing revenues.
Value Based Compensation
- Provides a
direct link between labor costs and productivity
- Offers line-of-sight incentives between performance
and rewards
- Is based on your company’s long and short term goals
- Provides your company with a stronger competitive
position
- Positively influences your company’s capital formation
“Employees value different benefits at each stage of
their life and career, and they want the opportunities
to choose benefits that are appropriate to their needs.”
Bashker "Bob" Biswas
Value Based Compensation
uses a road map that engulfs base, incentive, sales,
international compensation initiatives along with programs for
market pricing based on customized knowledge, skills, abilities
and competency frameworks and salary planning and auditing
software services.
Also included in these services is consulting on the
development of creative “intrinsic” reward systems.
EXECUTIVE COMPENSATION
Biswas & Associates serves as an independent outside
advisor and resource to Board Compensation Committees to ensure
committees have the information needed to make an informed
decision in the best interest of shareholders and to discharge
their fiduciary responsibilities.
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BLOGS:
Our Work Ethos
Times are a changing! It is the best of times
and it is the worst of times. This blog intends to be a
site where a veteran of the working world gives an
insider's view as to how one can achieve career security
and work success in these most challenging of times. |
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Our Pay and Work Ethos
Nowadays, more than ever, we see a widespread
use of a very short-term business practice – workforce
reductions. This practice is quite in vogue. Business
pundits have even coined extraordinary words to describe
this practice. |
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Bashker
“Bob” Biswas, PH.D. is the Principal of The Biswas Group
Inc., a Human Resource Consultancy based in California,
USA. Till June 2009 Dr. Biswas served as the Senior HR
Advisor for the Zain Group in Kuwait. Dr. Biswas has
held the position of Adjunct Professor of Human Resource
Management and Business Administration at various
universities and colleges. |
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