Page 43 - IVX Health
P. 43
Total Rewards and Compensation Consulting Practice
Employee preferences by investment change
Investment Change vs. Preference Change
3.00
Decrease healthcare
premiums by 5 % Increase company 401k
2.00 Lower deductible on health
plans match to 5%
Increase budget for annual
base pay increases
1.00 Reduce annual maximum Increase annual maximum
Preference Value Change 0.00 Decrease company match to
earned PTO days by 2
earned PTO days by 2
Increase associate
-1.00 1% to 401k healthcare premiums by 5%
-2.00 Increase deductible on
health insurance plans
-3.00
Skip annual base pay
increases for 1 year
-4.00
-5.00
-$2,000 -$1,500 -$1,000 -$500 $0 $500 $1,000 $1,500 $2,000
Change in Total Rewards Investment $ (per person)
Base Pay Increases Health Plan Options Health Plan Cost Company Retirement Match Paid Time Off
IVX Health — Lockton Total Rewards Practice Overview 43 Lockton Companies
Employee preferences by investment change
Investment Change vs. Preference Change
3.00
Decrease healthcare
premiums by 5 % Increase company 401k
2.00 Lower deductible on health
plans match to 5%
Increase budget for annual
base pay increases
1.00 Reduce annual maximum Increase annual maximum
Preference Value Change 0.00 Decrease company match to
earned PTO days by 2
earned PTO days by 2
Increase associate
-1.00 1% to 401k healthcare premiums by 5%
-2.00 Increase deductible on
health insurance plans
-3.00
Skip annual base pay
increases for 1 year
-4.00
-5.00
-$2,000 -$1,500 -$1,000 -$500 $0 $500 $1,000 $1,500 $2,000
Change in Total Rewards Investment $ (per person)
Base Pay Increases Health Plan Options Health Plan Cost Company Retirement Match Paid Time Off
IVX Health — Lockton Total Rewards Practice Overview 43 Lockton Companies
