In today’s fast-changing business world, it is important to make sure employees are compensated fairly.

Rates are policy tools. Rate setting is a policy-setting process. A structured approach to building rates helps keep rates grounded in the mission and strategic goals of the organization.

Sterling Associates, LLP, helps clients develop guidelines for principled and consistent rate setting. We also assist clients in analyzing the appropriateness of existing rates and establishing new rates for services.

In addition, rate-setting can be a contentious process; there are often winners and losers. We will assist you in developing a sound and structured process to instill confidence in the output thus decreasing criticism by the multitude of stakeholders.