Page 12 - LHC Group

Total Rewards and Compensation Consulting Practice

Sample Conjoint analysis calculator output

Sample conjoint analysis calculator output

Scores for each level
can be used in an
Excel-based simulation
Conjoint analysis satisfaction of
to model expected

potential total rewards
packages.

 Survey-based exercise to determine
how employees value different

attributes of their total rewards
Scores for each level can be used in an Excel-based simulation to model
expected satisfaction of potential total rewards packages.
program

 Employees are asked to compare two
Conjoint analysis
benefits packages and choose the
total rewards package they most prefer
• Survey-based exercise to determine how employees value different
attributes of their total rewards program
 Packages are reshuffled throughout the
• Employees are asked to compare two beneits packages and choose
survey experience to statistically
the total rewards package they most prefer
quantify the most influential and
• Packages are reshufled throughout the survey experience to statistically
important parts of the package for an 13
quantify the most inluential and important parts of the package for an
individual employee
individual employee

LHC Group — Lockton Total Rewards Practice overview 12 Lockton Companies

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