Page 10 - Penn Highlands Healthcare
P. 10
Total Rewards and Compensation Consulting Practice
Compensation consulting services
Salary management (hospital and Incentive compensation (hospital Executive and physician International compensation
healthcare speciic) and healthcare speciic) compensation • Data for over 180 countries
• Job descriptions • Sales commission plan design • Published data and proxy analysis • Expat and local national
• Market data (pricing jobs) • Annual incentive plans for public, private, and nonproit • Global salary structure
• Salary structure design • Financial modeling • Short-term and long-term incentive
design
• Market analyses • Plan documents and • Deferred compensation Employee and custom survey
• Pay practices and policies communication • Engagement surveys
• Compensation consulting services • Conjoint analyses
− Healthcare speciic, physician, • Custom survey design for peer
mid-levels, etc. group evaluation
Total Rewards Practice capabilities
Comprehensive data and Employee value assessment Total rewards strategy Cost impact analysis
benchmarking (hospital and • Conjoint analysis (MaxDiff and development • Trade off analysis
healthcare speciic) Package Preference) • Key stakeholder strategy session/ • Conjoint calculators
• Published survey data and Lockton • Traditional questions retreat/interview • Cost of new programs
EDGE tool, covering compensation, • Current rewards (importance vs. • SWOT analysis
retirement, beneits, PTO, and satisfaction) Communications
work/life data • Interviews/meetings with
executives, leadership, and key
• Generational analysis • • Employee engagement survey contributors • Employee survey pre- and post-
close
Focus groups
• Executive summary highlighting • Plan design recommendations • Focus group planning, marketing,
key synergy savings opportunities • Report with aggregate data, based on data, benchmarking, and deliverables
including any quantitative and value assessment, and leadership
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
Penn Highlands Healthcare — Lockton Total Rewards Practice overview 10 Lockton Companies
Compensation consulting services
Salary management (hospital and Incentive compensation (hospital Executive and physician International compensation
healthcare speciic) and healthcare speciic) compensation • Data for over 180 countries
• Job descriptions • Sales commission plan design • Published data and proxy analysis • Expat and local national
• Market data (pricing jobs) • Annual incentive plans for public, private, and nonproit • Global salary structure
• Salary structure design • Financial modeling • Short-term and long-term incentive
design
• Market analyses • Plan documents and • Deferred compensation Employee and custom survey
• Pay practices and policies communication • Engagement surveys
• Compensation consulting services • Conjoint analyses
− Healthcare speciic, physician, • Custom survey design for peer
mid-levels, etc. group evaluation
Total Rewards Practice capabilities
Comprehensive data and Employee value assessment Total rewards strategy Cost impact analysis
benchmarking (hospital and • Conjoint analysis (MaxDiff and development • Trade off analysis
healthcare speciic) Package Preference) • Key stakeholder strategy session/ • Conjoint calculators
• Published survey data and Lockton • Traditional questions retreat/interview • Cost of new programs
EDGE tool, covering compensation, • Current rewards (importance vs. • SWOT analysis
retirement, beneits, PTO, and satisfaction) Communications
work/life data • Interviews/meetings with
executives, leadership, and key
• Generational analysis • • Employee engagement survey contributors • Employee survey pre- and post-
close
Focus groups
• Executive summary highlighting • Plan design recommendations • Focus group planning, marketing,
key synergy savings opportunities • Report with aggregate data, based on data, benchmarking, and deliverables
including any quantitative and value assessment, and leadership
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
Penn Highlands Healthcare — Lockton Total Rewards Practice overview 10 Lockton Companies
