
Value -- we all want it, but it's usually more than just looking at price. Here's one way to think about the value inherent in the StrategicPay® Series. We can think of value as comprised of the benefit received divided by the cost, or Value = benefit received/cost. Given this, let's look at value proposition for the StrategicPay® Series, Base Pay Toolkit, for instance, given the following example: Value is the ratio of benefit received divided by the cost. A higher number is better Benefit = 10,000 (assuming you've achieved 100% of your objective) Cost = the cost of achieving the benefit. Here's the value proposition for hiring a consultant: Value = 10,000/(between $20,000 - $50,000) (the typical cost of hiring a compensation consultant to build a base pay compensation program for a small to medium-sized company). Let's be conservative and say the cost is $20,000. Additional costs: $200 to $500 and hour for a well-qualified consultant Consultant Value = 0.50 (10,000/$20,000). Now let's do the same calculation for the Base Pay Toolkit: Base Pay Toolkit Value = 6.67 (10,000/$1,500) Additional costs? More of your time (while gaining valuable skills, credit for doing it yourself, and saving your company a bundle). Think about what you get, and we believe the value proposition for the StrategicPay® Series is simply outstanding.
- True Value: The StrategicPay Series

