Page 40 - PYA PC
P. 40
Total Rewards and Compensation Consulting Practice
Package preferences
Conjoint analysis
• Survey-based exercise to determine how employees value
different attributes of their total rewards program
• Employees are asked to compare two beneits packages
and choose the total rewards package they most prefer
• Packages are reshufled throughout the survey experience
to statistically quantify the most inluential and important
parts of the package for an individual employee
• Calculator will illustrate relationship between employee
perceived value and business investment/cost
PYA PC — Lockton Employee Beneits Practice overview 40 Lockton Companies
Package preferences
Conjoint analysis
• Survey-based exercise to determine how employees value
different attributes of their total rewards program
• Employees are asked to compare two beneits packages
and choose the total rewards package they most prefer
• Packages are reshufled throughout the survey experience
to statistically quantify the most inluential and important
parts of the package for an individual employee
• Calculator will illustrate relationship between employee
perceived value and business investment/cost
PYA PC — Lockton Employee Beneits Practice overview 40 Lockton Companies
