Wednesday, October 28, 2020 – 12:00 p.m. – 1:00 p.m.
With 2020 being a year of exponential change, things aren’t “business as usual” when it comes to the merit season. We’ll discuss results from the multiple compensation planning pulse surveys that Mercer has conducted this summer and fall, how merit budgets have changed, how they look different by industry and what creative approaches companies are taking this year. We’ll also highlight how employers and employees have had to experiment with new ways of working flexibly in the wake of school and workplace closures and family health concerns brought about by the COVID-19 pandemic. For the most part, this “forced” experiment has been a surprising success and has opened employers’ eyes to their workforce’s adaptability.
Lisa Dietrich is a Senior Principal and Compensation and Benefits Consultant in Mercer’s Career business. She is a member of Mercer’s Executive Benefits Group (EBG), which is a national resource providing consulting services for the benchmarking, design, compliance and financing of executive benefit plans. Lisa has over 20 years of experience working with employee compensation and benefits programs and has specialized in the area of executive benefits and compensation for over 17 years. She has significant experience working with tax-exempt organizations and the unique regulations within which compensation programs must comply.
Lisa consults with Boards, Compensation Committees, senior leadership and management on a broad range of compensation and benefits topics including:
- Evaluating the competitiveness and structure of total remuneration programs, including salary, incentive plans, benefits and perquisites.
- Benchmarking, design, implementation, administration and financing of executive retirement/ deferred compensation programs, executive welfare benefits such as life and disability benefits and perquisites.
- Advising on the regulatory and compliance requirements impacting deferred compensation.
Prior to joining Mercer, Lisa worked for Benefit Actuaries, Inc. specializing in the design and administration of employee retirement plans. Prior to that, she worked for HealthNet, Inc. in Woodland Hills, CA and John Hancock Life Insurance Company in Boston, MA.
Lisa received a bachelor’s degree with highest honors from Purdue University where she graduated with a major in actuarial science. She is a Fellow of the Society of Actuaries, an Enrolled Actuary and a member of the American Academy of Actuaries.
David Miller is a Senior Associate in the Louisville office of Mercer. He has over 10 years of experience as a compensation and benefits analyst/consultant. He assists clients in a variety of capacities, including but not limited to job analysis, compensation and benefits benchmarking, pay structure design and implementation, cost impact modeling, pay-for-performance strategy implementation and retirement benefits design.
Throughout his tenure with Mercer, David has worked on projects for organizations of various sizes and industries, but he specializes in the not-for-profit space. He conducts workforce compensation reviews for 15-20 clients annually and often provides support with respect to executive compensation and total remuneration analyses.
David received his bachelor’s degree in mathematics from Saint Michael’s College where he graduated magna cum laude.
**October’s Lunch & Learn has been submitted for one HRCI credit & one professional development credit through SHRM.*