Page 11 - Med Center Health
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Total Rewards and Compensation Consulting Practice
Compensation consulting services
Salary management (including Incentive compensation (including Executive and physician International compensation
hospital and healthcare speciic) hospital 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 • Compensation consulting services • Engagement surveys
• Premium pay • Conjoint analyses
− Hospital and healthcare • Custom survey design for peer
speciic, physicians, mid-levels, group evaluation
etc.
Total Rewards Practice capabilities
Comprehensive data and Employee value assessment Total rewards strategy Cost impact analysis
benchmarking • 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
Med Center Health — Lockton Total Rewards Practice overview 11 Lockton Companies
Compensation consulting services
Salary management (including Incentive compensation (including Executive and physician International compensation
hospital and healthcare speciic) hospital 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 • Compensation consulting services • Engagement surveys
• Premium pay • Conjoint analyses
− Hospital and healthcare • Custom survey design for peer
speciic, physicians, mid-levels, group evaluation
etc.
Total Rewards Practice capabilities
Comprehensive data and Employee value assessment Total rewards strategy Cost impact analysis
benchmarking • 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
Med Center Health — Lockton Total Rewards Practice overview 11 Lockton Companies
