Don't Hire Boomerangs, Avoid Losing Talent in the First Place
Make sure employees feel fairly valued, have strong relationships in the company and believe they are a part of the future to eliminate turnover and the need to hire returning workers.
Data-Driven Compensation Decisions Improve Recruitment and Retention
Get the expertise and assistance you need to develop and maintain compensation, benefits and rewards programs that effectively recognize employee contributions and optimize payroll costs.
People matter – a lot. Without employees, projects don’t happen. In a growing, competitive environment, it is critical that companies attract and retain high-quality talent. Even during tough times, labor is still essential. Payroll is an enormous cost and managing the budget while ensuring employees still feel valued is key.
FMI’s compensation and rewards consulting services and data resources ensure you have the insights and advice to provide competitive, fair pay to your employees. While compensation is rarely the sole determinant when people make job decisions, it is undoubtedly a critical factor. If you don’t utilize relevant market data, in combination with strategic considerations, then crafting a compensation program becomes guesswork.
Compensation Offerings
Data Resources
Leverage our benchmarking data to align pay and benefits with similar roles and companies in the industry.
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Consulting Services
Take your pay practices to the next level by partnering with our consulting team.
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FMI Surveys
The built environment's most reliable online source for total rewards data.
Our Insights
Engage More Women to Improve Labor Constraints in the Construction Industry
It is no secret that labor participation in the built environment has long been male dominated, but increasingly that is changing as more companies in the engineering and construction (E&C) industry […]
Is Your Bonus Plan Ready for 2024’s Competitive Environment?
With 2024 underway, some company executives may think it’s too late to make changes to their incentive compensation plans. You still have time to consider critical topics and tweak plans to make […]
Employee Recognition and Rewards Still Matter in a Slowdown
Employers should make efforts to establish optimal environments through assessing and improving operational and labor practices to ensure that well-regarded talent stays with the firm during a […]
Are you ready to improve your compensation and benefits?
Our team is here to help you leverage data and expertise to develop effective plans to attract, motivate and retain top talent.