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The Dow Chemical Company

Lindsay Scott & Associates (LS&A) has partnered with The Dow Chemical Company on its North American Market Measurement Process for over 10 years.  During that time, Dow’s requirements and objectives for the Market Measurement Process have changed in response to our changing business needs.  We have found LS&A extremely adaptable in supporting our changing requirements and helping us achieve our objectives.  Their work product is very high quality and cost effective.  LS&A has formed very close working relationships with the Dow Team and have demonstrated a commitment and dedication you would normally only find in-house but combined with a neutrality and professionalism of an external consultant.

 

Jennifer Pettinga

Global Director – Compensation & Benefit

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Co-sourcing

How does Co-sourcing benefit your organization?

Co-sourcing helps organizations enhance their organizational flexibility and improve their utilization of resources to enhance management of costs, enhance their support of firm stakeholders, and improve their ability to respond and adapt to changing Company requirements.

 

Enhance organization flexibility

  • Reduce company fixed costs
  • Focus internal staff on competencies that are critical to the business
  • Increase the speed of business processes through specialization

Improve HR Utilization

  • Broaden HR resource base by flexible augmentation of internal staff
  • Enhance HR practices by dedicated access to senior level expertise and industry experience
  • Flexibly adjust the resource mix and focus to adapt to changing Company requirements

What are LS&A’s Co-sourcing / outsourcing Services?

LS&A’s provides both outsourcing and co-sourcing support for businesses in the USA and Canada. Co-sourcing services can impact core business practices whereas outsourcing services impact transactional, routine and non-core business processes.

Co-sourcing Services

Strategic Process Support

  • Develop compensation philosophy and compensation strategy
  • Develop base pay program design
  • Develop bonus / incentive plan program design
  • Merger / integration support

Tactical Process Support

  • Compensation research / best practices
  • Hot market job screening
  • Workforce analytics
  • Specialized compensation analysis
  • Salary structure design/redesign
  • Job matching validation
  • Compensation audits
  • Compensation budgeting
  • Compliance Review
  • Management reporting
  • Customized analytical tools (i.e. pay compression modeling)

Outsourcing Services

Transactional Process Support

  • Market pricing / job slotting\
  • Survey information management
  • Survey submission management
  • Custom survey development
  • Job evaluation
  • Job classification / job documentation / desk audits

Why is LS&A your best partner for compensation co-sourcing?

  1. We staff our co-sourcing engagements with a dedicated senior resource that speaks for the LS&A organization but also works in the trenches directly with your staff. That project manager will manage the engagement over its lifecycle.
  2. We employ Best of Breed technology to enhance efficiency, improve consistency and enable our clients to do more with less.
  3. We partner with our clients to flexibly deliver our services and adapt those services as required to achieve the organizations continually evolving needs
  4. We come to the partnership with a mindset towards anticipation. Our focus is to assist our clients in making the organization successful.
  5. We work with our client-partners to create price-certain engagements.
 
 
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