Compensation Consulting

A strategic approach to compensation

Designing and implementing an employee compensation strategy that is both competitive and aligned with business goals and culture is vital for organizations looking to attract, retain, and motivate talent.

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Customized compensation consulting services

Our compensation consulting services are designed to ensure that your compensation strategy enables your organization's short and long-term business goals and is effective, competitive, and impactful.

With services like market analysis, base pay programs, incentive plan design, or executive compensation recommendations, our compensation consulting team has the expertise and experience to support your organization's needs—serving clients across various industries and sizes. Core service offerings include:

Areas of Expertise

  • Workforce and executive compensation and benefits benchmarking
  • Annual and long-term incentive program design
  • Transaction and retention bonus plans
  • Deferred compensation and supplemental executive retirement plans
  • Association or custom compensation and benefit survey initiatives
  • Board compensation and CEO evaluation support

Compensation, Retirement, and Benefits Trends Report

Our compensation consulting team conducts an annual survey of employers nationwide to collect data on the status of compensation and benefit programs. Learn more about the findings from this year’s report.

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Our Compensation Consulting team is dedicated to partnering with your organization to develop a clear and effective Total Rewards Philosophy and comprehensive compensation programs that align with it. Our main focus areas include:

With our Broad-Based Workforce Compensation services, we work with you to develop pay programs for your staff and management that align with your . We compare your pay with market data for your industry, size, and geography to make sure your pay is equitable and competitive.  We can help you articulate your job architecture in a job value matrix and assist you with your journey into further pay transparency.  Clear compensation programs help organizations with attraction and retention.

Using a collaborative approach, we partner with boards and leadership teams to develop executive compensation programs that attract, motivate, and retain top talent. Our methodology, industry experience, and customized approach provide a foundation for meeting your organization’s unique needs. We combine published salary survey data with up-to-date peer group information to provide holistic views of the marketplace for talent. As your partner, we collaborate to find the best metrics to drive short- and long-term performance at the organization with innovative variable pay programs.

We’ll work with you to improve your compensation program and make it more effective, competitive, and impactful. We offer specialized services to optimize performance management systems, assist with job description writing, design job architectures, implement sales incentive plans, offer regulatory compliance reviews for FLSA, and conduct compensation program training and transparency reviews along with pay equity studies.

To provide access to competitive market information, Newport partners with you to design surveys on a range of issues, including industry-specific compensation comparisons, operational and staffing benchmarks, employee engagement surveys, and more.

Non-profit executives often face IRS scrutiny on their compensation practices, with IRS code section 4958 imposing a tax on "excess benefit transactions" between a non-profit organization and a "disqualified person" who can influence its affairs. This area is known as "Intermediate Sanctions" and involves boards and compensation committees to ensure that their executive rewards are reasonable and compliant.

Our team can help you review your executive rewards program and align it with your organizational goals and culture. Our consultants work with you to understand and follow the Intermediate Sanctions regulations and to make informed decisions about your executive compensation.

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Is Your Compensation Structure Still Supporting Your Business Goals?

Is Your Compensation Structure Still Supporting Your Business Goals?

Organizations evolve, markets shift, and employee expectations continue to rise, yet compensation structures often stay the same. Regular reviews help ensure your salary architecture aligns with business goals, supports equitable pay practices, and keeps pace with today’s competitive talent landscape. Without these regular assessments, businesses risk misalignment caused by outdated data or unnoticed pay gaps, which can hinder growth and retention. Implementing a review of your salary structure construct allows you to address these risks proactively and maintain a fair, competitive pay strategy. 

Are Your Pay Practices Transparent?

Are Your Pay Practices Transparent?

Learn how compensation consultants can help your organization build a compensation program that incorporates pay transparency and supports compliance, attracts and retains key talent, and aligns with evolving workplace expectations. Discover how tailored compensation strategies can drive business goals and boost employee satisfaction.

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    Disclaimer:

    Newport Trust Company, a New Hampshire state-chartered trust company and wholly owned subsidiary of Newport Group, Inc. (“NGI”), provides independent fiduciary and trustee services for employee benefit plans. NGI, an Ascensus Company, and its affiliates provide recordkeeping, plan administration, trust and custody, consulting, fiduciary consulting, insurance and brokerage services.

    Securities are offered through Ascensus Broker Dealer Services, LLC (“ABDS”), member FINRA/SIPC. Securities in California are offered under the d/b/a Ascensus Corporate Insurance Solutions. Other insurance products may be offered by NGI. For more information, please visit - www.ascensus.com 

    Investment Advisory and fiduciary consulting services are offered through Newport Group Consulting, LLC, an SEC registered investment adviser and subsidiary of NGI, an Ascensus company. For more information about Newport Group Consulting, please refer to our Form ADV Part 2, which is available through www.adviserinfo.sec.gov.