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Total Rewards and Compensation
Consulting Practice
Lockton’s Total Example Total Rewards
Rewards Practice Beneits Compensation
• Medical and Rx • Base salary • Pay for performance
We design compensation, beneits,
retirement, and workplace • Dental • Variable pay • Sales compensation
programs which close the gap • Vision • Annual incentives • SERP (executive only)
between what you’re spending and • HSA and FSA
what your employees really want in Workplace Experience
the most cost-effective way. • Basic life • Growth and development
• Supplemental life
• Comprehensive data • Communication
and benchmarking of all • Dependent supplemental life • Recognition awards
components together • Disability beneits
• Referral awards
• Employee value assessment • Voluntary beneits (Critical
through unique tools like a Illness, Accident) • Member discount programs
conjoint analysis, engagement • 401(k) and retirement • Flexible schedules/
surveys, and focus groups planning telecommuting
• Total rewards strategy • Student loan assistance • Paid time off
development including plan • Family friendly perks and
design recommendations and • Tuition reimbursement programs
cost impact analysis • EAP
• Wellness and well-being
Healthcare is our largest
industry vertical making
up over 40% of our Total
Rewards Practice
IVX Health — Lockton Total Rewards Practice Overview 39 Lockton Companies
Consulting Practice
Lockton’s Total Example Total Rewards
Rewards Practice Beneits Compensation
• Medical and Rx • Base salary • Pay for performance
We design compensation, beneits,
retirement, and workplace • Dental • Variable pay • Sales compensation
programs which close the gap • Vision • Annual incentives • SERP (executive only)
between what you’re spending and • HSA and FSA
what your employees really want in Workplace Experience
the most cost-effective way. • Basic life • Growth and development
• Supplemental life
• Comprehensive data • Communication
and benchmarking of all • Dependent supplemental life • Recognition awards
components together • Disability beneits
• Referral awards
• Employee value assessment • Voluntary beneits (Critical
through unique tools like a Illness, Accident) • Member discount programs
conjoint analysis, engagement • 401(k) and retirement • Flexible schedules/
surveys, and focus groups planning telecommuting
• Total rewards strategy • Student loan assistance • Paid time off
development including plan • Family friendly perks and
design recommendations and • Tuition reimbursement programs
cost impact analysis • EAP
• Wellness and well-being
Healthcare is our largest
industry vertical making
up over 40% of our Total
Rewards Practice
IVX Health — Lockton Total Rewards Practice Overview 39 Lockton Companies