Need to design a compensation framework for a small but growing professional services firm (consulting and marketing for farm and food businesses). Anyone have access to a sample framework or any tips? TIA

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We've developed a framework around capabilities, roles & levels, then define comp models based on bands derived from a comparison with market data across those roles. In such a way, comp is driven by market factors, not personal factors; creates a more equitable environment.

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Thank you that is helpful. Definitely want to make sure it's equitable both internally and externally. Any chance you'd be willing and able to share the model as an example? I understand this might be confidential info but figured I'd ask. Thanks again for your comment.

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