Leavitt Machinery - Business Consulting Project

Project Details

Project Client: Leavitt Machinery
Project Description: Total Compensation Review
Students: Tim Drinovz, Hena Mahboob, Sonia Shao
Term: Spring 2014
BCIT Program: Human Resource Management
Leavitt Machinery is a dealership, rental, sales and operator training for Material Handling Equipment. i.e. forklifts, crane, scissor lifts, boom lifts. The company has 18+ locations in Alberta, British Columbia and Washington State and recently opened a new location in Saskatchewan. Leavitt must ensure that its pay levels are externally competitive so that they can continue to attract the best workers - essential to maintaining competitive advantage for the future.

The BCIT team established benchmark positions and created salary surveys for admin and service positions. The team also contacted competitors in determined relevant labour market to invite them to participate in the survey in exchange for a copy of the final report. Online research was done to determine best practices for developing a salary survey and cost of living adjustments. Online sources were used for collecting salary information for benchmark positions to create ranges to provide the client with data to compare their internal pay structure and determine how competitive they are with compensation. This will allow them to consider where they want to be and what steps they need to take in order to attract and retain talent as the organization grows. The BCIT team also collected collective agreements from a list of competitors, as Leavitt will be going into bargaining in May 2014.