Quantifying Total Compensation.PPTVIP

2/13/2003Client NameBDM#Presentation Template (SEGAL Blue).pot “Quantifying Total Compensation” Elliot R. Susseles, Senior Vice President The Segal Company September 17, 2004 Why is Total Compensation Important? Lack of understanding of total compensation costs (among employers and employees) Need to communicate and educate employees on all the compensation that they receive (not just salary) Policy Questions Is your total compensation structure: Competitive with the market? Aligned with your strategic plan? Aligned with your employees’ values? Defining Total Compensation Financial Elemen