Page 12 - Friendship Village
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Total Rewards and Compensation Consulting Practice
Compensation consulting services
Salary management (including Incentive compensation (including Executive and physician International compensation
healthcare speciic) 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 • 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
Friendship Village — Lockton Total Rewards Practice overview 12 Lockton Companies
Compensation consulting services
Salary management (including Incentive compensation (including Executive and physician International compensation
healthcare speciic) 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 • 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
Friendship Village — Lockton Total Rewards Practice overview 12 Lockton Companies
