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Global Insurance Broker launches Compensation Consulting Practice

Lockton, the worlds largest privately held independent insurance broker, has expanded its services to executives, boards and human resources leaders by adding a compensation consulting practice to serve clients across the U.S. The compensation team provides total rewards consulting for business, non-profit and public sector clients designed to attract and retain top talent.

Ron Reynolds and Mary Mosqueda (pictured) will lead the five-member team as Compensation Practice Leaders.

The demand for talented people is rising across the country, and our clients will benefit from the compensation consulting teams thoughtful, data-driven approach, said Peter Clune, Chief Operating Officer for Locktons St. Louis operation. Ron, Mary and their team have established a reputation for creating innovative compensation programs that deliver results.

Mosqueda (pictured) is based in Locktons St. Louis office. She has more than 15 years' experience in compensation, human resources and work/life programs including development and design of both public and private sector salary management systems, performance management and incentive plans. Prior to joining Lockton Companies, she was Compensation Practice Leader for Wachovia Employer Solutions Group. Ms. Mosqueda also worked for the University of Missouri-St. Louis. She has worked with a wide array of public and private organizations in St. Louis and across the U.S.. She holds a bachelors degree in Business Communication from Rockhurst University in Kansas City, Missouri. She is active in the Alliance for Work/Life Professionals, Employee Benefits Association of St. Louis, WorldatWork and is a member of the WorldatWork Compensation Advisory Board.

Reynolds is the Northeast Practice Leader and will be based in Richmond, Va.. Prior to joining Lockton Companies, he was Compensation Practice Leader for Wachovia Employer Solutions Group. Mr. Reynolds has also served as a Principal in charge of regional compensation and benefit consulting with a Big Five accounting firm. He has more than 20 years of compensation experience in the financial, consumer products, manufacturing and consulting industries. Reynolds has published several articles on executive and international compensation topics and co-authored Compensation and Benefit Strategies for International Mergers and Acquisitions, a chapter in the textbook titled 2001 Guide to Compensation and Benefits. He also serves as an expert witness on litigation cases dealing with compensation issues. Reynolds has earned an MS degree in industrial and organizational Psychology and a bachelors degree in education and business administration from Radford University in Virginia. He holds the Certified Compensation Professional (CCP) designation from the WorldatWork.

Also joining Locktons St. Louis-based compensation practice are three additional consultants.

  • Becky Redd is a senior compensation consultant. Redd has more than 10 years of experience in executive and incentive compensation. She holds a bachelors degree from St. Louis University.
  • Melissa To is a compensation consultant. To has worked for five years in compensation and retirement developing salary programs, incentive compensation and actuarial valuations. She earned her bachelors degree at Maryville University of St. Louis.
  • Myrna Powell has joined as an associate compensation consultant. Powell has extensive experience in conducting compensation surveys, market pricing and executive compensation analysis. She attended Truman State University in Kirksville, Mo.

Locktons compensation consulting practice conducts salary studies, designs salary administration programs, develops performance management initiatives, and creates productivity incentives and sales commission plans for organizations. In addition, the team serves boards with executive and outside director compensation consulting as well as building work/life programs like flextime and job sharing and total rewards programs.

Locktons employee benefits consulting practice has doubled in the past three years, growing to more than $110 million in annual revenues globally.

Lockton has more than 3,800 professionals who serve more than 15,000 clients around the world with insurance, benefits, surety and risk management services, offering an uncommon level of client service. From a modest, home-based insurance agency, Lockton has become the 10th largest insurance broker in the world. It was founded by Jack Lockton in Kansas City, Missouri, USA, in 1966. You can learn more at www.lockton.com

Published Sunday, 29 July 2007 by Anonymous



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