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Total Rewards & Talent Review

Case Study Series B - Oncology Diagnostics

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Series B - Oncology Diagnostics Startup

Business Challenge: Perform a market data-driven analysis &

build a sustainable & scalable Total Rewards function

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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

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Talent Review - Four Measurements

  1. Determine each person's measurable performance

  • Assign each person's potential

  • Evaluate turnover risk, low, medium & high

  • Evaluate business criticality, yes or no

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Market Based Compensation Review

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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

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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

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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

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Sample Compensation Structure Example

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