As competition for highly skilled talent increases, public sector organizations need to become creative and flexible about the rewards they offer to employees in order to compete with private-sector employers.
Segal Waters Consulting can help your organization adopt a more strategic, comprehensive and integrated approach to total rewards that includes both financial and non-financial rewards. We prioritize your rewards investments according to the needs and preferences of key talent segments in your organization.
Segal Waters has in-depth experience in all segments of the public sector, including:
The Employee Value Proposition (EVP) framework is Segal's cornerstone total rewards strategy. The EVP framework has five elements:
Segal Waters uses research conducted through our Public Sector Rewards of Work Study to help clients understand their own value proposition, the preferences of their staff and the causes of any gaps between employee and/or organization aspirations and the actual EVP.
We offer an array of human resources consulting services to public sector entities:
Would your employees be willing to trade salary increases for lower cost-sharing on health insurance? Is training and career development more important than bonuses? The answers may surprise you.
With customized employee surveys, Segal Waters can help you determine what rewards your employees truly value so that you can design a total rewards package that fits their needs while remaining cost effective.
Segal Waters' employee opinion surveys collect data on employee attitudes toward all aspects of the Employee Value Proposition, including:
Additionally, we collect demographic information such as age and family status so that we can pinpoint diverse needs and expectations based on an employee's stage in life, occupation, position in an organization or other considerations. We can also develop surveys to poll employee preferences and priorities for plan design changes, as well as their perception of the services provided by your carriers and administrators.
How do your salary plans and benefit programs compare to the market? How do you want to position your organization in the marketplace? How should you define "the market" for your organization? What type of pay policies and benefit programs would help you successfully recruit, retain and motivate employees?
Segal Waters will help you answer these questions and can assist in developing your organization's total compensation strategy. Our customized total compensation surveys gather up-to-date data on salary ranges, pay policies and benefit programs from comparable employers.
This data shows how your organization compares in terms of salary ranges, hiring rates, incentive programs, pay increase policies, paid time off, medical and health-related coverage, and retirement benefits. As a routine part of any project, we provide our clients with all detailed source data that we gather through these surveys.
Segal Waters' understanding of best practices in total compensation allows us to help you create the right compensation system for your organization.
When designing a reward system, it's important to remember that rewards packages are not "one size fits all." Your organization needs to consider several questions when looking at its total rewards package:
By drawing on the results of internal and external research, Segal Waters can help prioritize your reward investments and design a customized total rewards package that suits the particular needs of your organization. We then help implement these packages and communicate the changes to employees.
Cost is an important consideration when planning any change in compensation policies, since most reward system redesigns will have a fiscal impact on the organization. Our modeling approach removes the guesswork by identifying the immediate financial effects of implementation and providing a multi-year perspective to see what the effects will be in the long-term.
Many job classification structures require adjustment for a variety of reasons, including changes in job duties, advances in technology, changes in operational or business needs, and the general erosion of job structure integrity over time.
Segal Waters can help ensure that your job classes and job descriptions accurately reflect the work your employees do. By developing and analyzing job questionnaires, conducting desk audits and facilitating focus groups, Segal can streamline your organization's job architecture and create job descriptions that are fully compliant with the Fair Labor Standards Act (FLSA), Americans with Disabilities Act (ADA), and other rules and legislation.
To assist with maintaining internal pay equity, Segal Waters custom develops job evaluation systems that assess the relative value of jobs, based on objective, measurable factors. Because Segal Waters does not sell a proprietary job evaluation tool, we can remain completely objective in evaluating and developing the approach that best meets your needs.
Large-scale changes demand effective and well-planned training. Our job is not complete until all those who manage new programs can do so effectively. This includes training on compensation and classification basics, alternative reward systems, performance management, classification restructuring and cost modeling.
Segal Waters can help negotiators reach agreement based on a full understanding of available options and the economic trade-offs among them — as well as the short- and long-term financial and workforce demographic implications of particular choices. With "real time" cost analyses of new proposals, we can help make the negotiation process run more smoothly and efficiently.
We understand the fluid nature of collective bargaining and offer flexible assistance. We can coordinate our recommendations with clients' outside legal counsel, work behind the scenes in a technical support role, or become directly involved at the bargaining table. We can work from the early stages of the contract renewal cycle to develop a comprehensive bargaining strategy and specific proposals or be brought in to help resolve issues as they arise during negotiations.
Many public sector employers with collective bargaining agreements rely on Labor Management Committees to provide an environment for collaborative labor management decision-making. Segal Waters can help Labor Management Committees foster group problem solving, open information sharing and teamwork, all of which lead to implementation of negotiated organizational change.
Segal Waters has a long-standing reputation as a trusted and objective source for Labor Management Committee support, both behind the scenes and at the table. Our objectivity and unique perspective enables us to create collaborative solutions regarding compensation, health and welfare benefits and retirement benefits for our clients. We also use the information we gather to address workplace challenges, such as recruitment and retention issues, absence management, inefficient use of benefits and other issues.