Carrots Consulting believes that to maximize value and drive performance, it is important to remunerate employees based on their skill sets, abilities, contributions and results-based performance. We recommend a total pay strategy that incorporates an ideal mix of guaranteed cash, short-term incentives, long-term incentives and benefits and perquisites.

Developing a detailed understanding of the extrinsic motivational factors for each employee group and identifying their different 'lines of sight', is the key to creating a total pay structure that merges the interests of employees, employers and shareholders.