The Organisational Structure has a bearing on employee status and growth too. Employees look for visible growth, rituals and symbols in the Organisation which represent their status and position. They require designations, grades, perquisites and corporate formalities to give them a sense of worth and success which cannot be had through money alone.
If the requirement arises, People Power would help you structure / restructure your organisation, its hierarchy, designations, compensation and benefits et al. This would be done with a focus on organisational goals and strategy as conceived while working on your fundamentals...