Total Rewards & Talent Review
Case Study Series B - Oncology Diagnostics
Series B - Oncology Diagnostics Startup
Business Challenge: Perform a market data-driven analysis &
build a sustainable & scalable Total Rewards function
1
1 - Conduct Talent Review to better understand our people
2 - Review
Market Compensation
[cash-bonus-equity]
of each person
3- Make recommendations & define
Total Rewards Philosophy
Project Scope:
Who provides value to the business?
3
2
Talent Review - Four Measurements
Market Based Compensation Review
1
BENCHMARK -
Benchmark each team member to
functional role
LEVEL -
Level each team member by experience, education & capability
RECOMMEND -
Make recommendations & define Compensation Philosophy
REVIEW -
Review the delta of cash-bonus as compared to market XXth%ile
COMPARE -
Compare the assigned market data to current compensation
2
4
2
5
1
Compare current pay to the market
Talent Review
Market
50th
Using the Market Data, Tenure & the results of the
Talent Review & Calibration, recommendations can be determined
Delta
New Compa-Ratio
Equity
Current Base
Tenure
Compensation Review Example
�Benchmarking & Leveling�
STEP 1 -
Work with leaders to benchmark each
team member into a position & level
STEP 2 -
Compare current cash-bonus-equity to the XXth percentile of the market for Series B BioTech company by location
�Sample Compensation Structure Example�
650-483-9518