Total rewards consulting

Milliman's Strategic Reward consultants can help you not only articulate your total reward strategy but also assess the competitiveness of each element and the total package compared with the market. In addition, Milliman can provide a detailed analysis showing the value of your current total rewards package (including base pay, stock options, retirement benefits, health and welfare offerings, and other incentives) and the alignment or misalignment with your strategy. Are you emphasizing the right aspects of your total rewards package? Are you rewarding the right behaviors? Are you competitive with others in your industry? Milliman can help you answer these questions.

Milliman can also produce online and/or print personalized total reward statements that reinforce the intrinsic and monetary value of all that you offer an employee—whether it be core company values or HR programs. However, the way Milliman constructs the statements means that your employees get more than an itemized list. Using attraction and retention research as a foundation for our approach, we consult with you and use the statements to emphasize key aspects of your organization and what it means to work there. Personalized statements can help you bring to light many less used or understood programs and answer the question, "What does it mean for me?" Perhaps more powerful is the answer to the question, "What is it like to work here?"


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