Lori Merkle
Director of Compensation @Froedtert Health
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WORK HISTORY
Director of Compensation @Froedtert Health
EDUCATION
Wisconsin School of Business
BBA, Human Resources Management
SKILLS
ABOUT LORI MERKLE
I am a strategic and analytical Human Resources executive with deep expertise of over 20 years in Compensation in Healthcare, Retail, Travel, Manufacturing, and Technology industries. Acumen driving performance-based, equitable rewards that attract and retain top talent. I have a proven record of aligning total rewards strategies with business goals to support innovation, ensure compliance, and build a culture of transparency, fairness, and pay for performance.I have led the annual budgeting for a $5B labor budget for employees from the executive to staff level, to ensure the organization remained market competitive while maintaining fiscal responsibility. As the strategic leader of the Compensation function, I was the advisor to the C-Suite to provide data driven recommendations to proactively address market pressures and business challenges. In the previous 5 years, I have developed and implemented compensation programs that invested $812M in our employees, which reduced turnover below industry standards and improved employee engagement. As a leader of a department of 15 employees, I developed a compensation function that is effectively organized and responsive to organizational needs, fostered a consultative approach and a sense of collaboration and innovation. Strong relationships were built with our HR Business Partners and management, while also supporting career progression and growth within my own team, as evidenced by Tier 1 engagement scores in the 98th percentile of all leaders in the organization.Skills include: Data Analysis | Regulatory Compliance | Market Benchmarking and Research | Compensation Design and Administration | Job Evaluation and Career Framework Development | Pay for Performance | Compensation Strategy and Development | Project Management | Budgeting | Executive Compensation | Incentive Compensation | Team Building | Management | Presentation | Executive Consultation
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