Beyond the paycheck
Creating balanced compensation solutions for your employees
When you place too much emphasis on salary it can create deep “satisfaction gaps” within your organization. This leaves your company vulnerable to turnover and/or employee dissatisfaction, making it difficult to attract, retain and engage top talent.
What we do
Our Compensation advisors help integrate your business objectives and human capital needs to create a balanced, uniquely tailored employee engagement strategy. Our approach consistently results in improved productivity, financial performance and increased employee satisfaction. These metrics help establish your organization as a preferred choice in the marketplace.
The Lockton Compensation practice is driven by the importance of attracting, retaining, and engaging top talent. That’s why our advisors specialize in key areas of compensation management which support these important functions.
Executive compensation - Base salary analysis, short-term and long-term incentive planning, stock option expense and funding analyses, phantom stock plans, employment contracts, corporate governance, and much more
Total rewards/salary management - Developing a total rewards strategy, job analyses and evaluation, regulatory compliance, market pricing, total rewards market analyses, salary structure design, and implementation cost analyses
Incentive compensation - A wide range of incentive options including but not limited to broad-based, sales, stock-based, team-based, and commission incentive plans