Page 9 - LHC Group
P. 9
Total Rewards and Compensation Consulting Practice
Compensation consulting services
Salary management (healthcare Incentive compensation Executive compensation International compensation
speciic) • Sales commission plan design • Published data and proxy analysis • Data for over 180 countries
• Job descriptions • Annual incentive plans for public, private, and nonproit • Expat and local national
• Market data (pricing jobs) • Financial modeling • Short-term and long-term incentive • Global salary structure
• Salary structure design • Plan documents and • design
Deferred compensation
• Market analyses communication Employee and custom survey
• Pay practices and policies • Compensation consulting services • Engagement surveys
• Conjoint analyses
• Custom survey design for peer
group evaluation
Total Rewards Practice capabilities
Comprehensive data and Employee value assessment Total rewards strategy Cost impact analysis
benchmarking (healthcare speciic) • Conjoint analysis (MaxDiff and development • Trade off analysis
• Published survey data and Lockton Package Preference) • Key stakeholder strategy session/ • Conjoint calculators
EDGE tool, covering compensation, • Traditional questions retreat/interview
retirement, beneits, PTO, and • SWOT analysis • Cost of new programs
work/life data • Current rewards (importance vs. Communications
satisfaction)
• Generational analysis • Employee engagement survey • Interviews/meetings with • Employee survey pre-and post-
executives, leadership, and key
• Executive summary highlighting contributors close
key synergy savings opportunities • Focus groups • Plan design recommendations
• Report with aggregate data, based on data, benchmarking, • Focus group planning, marketing,
including any quantitative and value assessment, and leadership and deliverables
qualitative feedback measured feedback • Change management plan
• Executive summary highlighting • Development of a total rewards • Training with managers/employees
key opportunities for improvement strategy that captures optimum • Print, digital, and mobile campaign
payroll cost-effectiveness support
• Total rewards statements
LHC Group — Lockton Total Rewards Practice overview 9 Lockton Companies
Compensation consulting services
Salary management (healthcare Incentive compensation Executive compensation International compensation
speciic) • Sales commission plan design • Published data and proxy analysis • Data for over 180 countries
• Job descriptions • Annual incentive plans for public, private, and nonproit • Expat and local national
• Market data (pricing jobs) • Financial modeling • Short-term and long-term incentive • Global salary structure
• Salary structure design • Plan documents and • design
Deferred compensation
• Market analyses communication Employee and custom survey
• Pay practices and policies • Compensation consulting services • Engagement surveys
• Conjoint analyses
• Custom survey design for peer
group evaluation
Total Rewards Practice capabilities
Comprehensive data and Employee value assessment Total rewards strategy Cost impact analysis
benchmarking (healthcare speciic) • Conjoint analysis (MaxDiff and development • Trade off analysis
• Published survey data and Lockton Package Preference) • Key stakeholder strategy session/ • Conjoint calculators
EDGE tool, covering compensation, • Traditional questions retreat/interview
retirement, beneits, PTO, and • SWOT analysis • Cost of new programs
work/life data • Current rewards (importance vs. Communications
satisfaction)
• Generational analysis • Employee engagement survey • Interviews/meetings with • Employee survey pre-and post-
executives, leadership, and key
• Executive summary highlighting contributors close
key synergy savings opportunities • Focus groups • Plan design recommendations
• Report with aggregate data, based on data, benchmarking, • Focus group planning, marketing,
including any quantitative and value assessment, and leadership and deliverables
qualitative feedback measured feedback • Change management plan
• Executive summary highlighting • Development of a total rewards • Training with managers/employees
key opportunities for improvement strategy that captures optimum • Print, digital, and mobile campaign
payroll cost-effectiveness support
• Total rewards statements
LHC Group — Lockton Total Rewards Practice overview 9 Lockton Companies
